Markets have opened positive & are trading rangebound ahead of RBI's credit policy statement.
Going Fwd, Nifty fut can move up till 5210-5218 area.
Key Supports : 5153 & 5116.
Resistance : 5218 & 5248.
Probable Trading Range : 5116-5248
Regards, Team Market View Investments.
9987750901.
Disclaimer : As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations. Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.
Going Fwd, Nifty fut can move up till 5210-5218 area.
Further upside upto 5250/5268 only if crosses & sustains abv 5218.
Hence If does not cross 5218, then will be rangebound between 5153 - 5218.
Hence If does not cross 5218, then will be rangebound between 5153 - 5218.
Weakness will be witnessed upto 5116/5079 if breaks & sustains below 5153.
Key Supports : 5153 & 5116.
Resistance : 5218 & 5248.
Probable Trading Range : 5116-5248
Regards, Team Market View Investments.
9987750901.
Disclaimer : As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations. Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.
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