Mktviews Daily Market View 25/06/2012

Markets have opened positive & have continued its positive momentum since open. 

In the next 1 hour, a lot of important announcements are expected from the Finance Ministry as well as RBI to prop up the economy. 

Going forward, 

If Nifty Futures does not cross 5216, then will face selling pressure upto 5163 & trade rangebound 5163 - 5216. 
Further Weakness will be witnessed upto 5136/5104 if breaks & sustains below 5163. 
Small pullback upto 5239/5266 only if crosses & sustains abv 5216. 

Key Supports : 5165 & 5138. 
Resistance : 5216 & 5239. 

Probable Trading Range : 5138-5239

 

Regards,
Team Market View Investments. 
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Visit www.mktviews-nifty50.blogspot.com
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Investing in Stock markets carries high risk and hence Professional should be consulted before taking any investment decision / call. The inputs presented here are for information purpose and are not buy or sell recommendations to any individual or to any groups. 

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