Markets have opened on a Positive Note inline with global peers.
Post positive opening, Nifty fut can move up maximum till critical resistance zone of 5336-5342.
Further upside upto 5376/5398 only if crosses & sustains abv 5342.
If does not cross 5342, then will face selling pressure on rises & trade rangebound between 5278 - 5342.
Weakness will be witnessed upto 5235/5219 if breaks & sustains below 5278.
Key Supports : 5278 & 5245.
Resistance : 5342 & 5378.
Probable Trading Range : 5245-5378.
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.
Post positive opening, Nifty fut can move up maximum till critical resistance zone of 5336-5342.
Further upside upto 5376/5398 only if crosses & sustains abv 5342.
If does not cross 5342, then will face selling pressure on rises & trade rangebound between 5278 - 5342.
Weakness will be witnessed upto 5235/5219 if breaks & sustains below 5278.
Key Supports : 5278 & 5245.
Resistance : 5342 & 5378.
Probable Trading Range : 5245-5378.
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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