Nifty Trade 26/7/2011

Short Nifty @ 5682 SL 5701 Tgt 5640, 5619, 5590

Nifty Trade 1 (25/7/2011)

Buy Nifty @ 5628 SL 5609 Tgt 5655, 5675

Mktviews Weekly Nifty Analysis (25/07/2011-29/07/2011)

Markets are poised crucially after trading rangebound in last few weeks & clear trend is likely to emerge this week with crucial RBI Policy meet on 27th, F&O expiry on 28th & Important Q1 results of Large-Caps including RIL, NTPC during the week.
Finally Govt's policy paralysis seems to have been broken with proposal for 51% FDI in Multi-Brand Retail being passed & RIL-BP deal being cleared which can be viewed as a Positive Step.
Stay Cautious till Nifty Fut does not cross & sustain above 5750.
Going Forward,
Nifty Fut faces crucial Trendline resistance @ 5735-5752 levels crossing & closing abv which further Momentum would lead to 5855 & 5935.
But, If fails to cross & sustain abv 5752, Will be in a trading range 5535-5752.
Strong support lies @ 5540-5550.
If breaks & closes below 5535, it may touch 5415 & 5305.


Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com

Mktviews Pre-Market View 22 July 2011

Nifty would open 1% gap-up following Positive Global Markets. If Nifty Fut sustains above 5621, further short-covering may fuel upmove till 5660/5680. If fails to cross 5621, would be rangebound between 5565-5621. Now 5550-5565 would act as strong support for the markets.
Nifty Fut will find support @ 5565 & 5538. Upside Resistance will be capped @ 5621 & 5645. Probable Trading Range 5538-5645.

Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews

Nifty Trade 20/7/2011

Short Nifty @ 5639/5640 SL 5659 Tgt 5610, 5590.

Mktviews Pre-market View 19 July 2011

Post Flat Opening, Nifty would trade rangebound between 5545-5595.
If does not cross & sustain abv 5609, Nifty could weaken upto 5510 levels. Would be bullish only above 5612.
Nifty Fut will find support @ 5545 & 5517. Upside Resistance will be capped @ 5595 & 5623. Probable Trading Range 5517-5623.

Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews

Mktviews Pre-market View 18 July 2011

Expect Markets to open on a flattish note. Nifty needs to consolidate above 5565 area & cross 5590 for any meaningful upside. If slides below yesterday's low of 5563, may face intense selling pressure. Nifty Fut will find support @ 5576 & 5538. Upside Resistance will be capped @ 5619 & 5648. Probable Trading Range 5538-5648 Regards, Team Market View Investments. Mo : 9987750901. Visit www.mktviews-nifty50.blogspot.com Facebook : www.facebook.com/mktviews

Mktviews Weekly Nifty Analysis (18/07/2011-22/07/2011)

Mkts shed 1.5% Last Week owing to poor IIP nos, fears of Eurozone Debt Crisis spreading to other Large European Economies & impasse over Debt Ceiling agreement in US.
Markets are trading in a tight range  & displaying reluctance to move above 5700  or even break 5500 with Selling pressure being witnessed on all rises & buying support emerging at lower levels resulting in Nifty to oscillate between 5500-5700 with Highest Open Interest built up in 5700 CE & 5500 PE.
Reduce Long Positions on rises till Nifty Fut does not close above 5690.

Going Forward,
Nifty Fut will face stiff resistance @ 5696-5715 levels crossing & closing abv which further Momentum would lead to 5835 & 5945.
But, If fails to cross & sustain abv 5715, Will be in a trading range 5477-5715.
Strong support lies @ 5480-5485.
If breaks & closes below 5477, it may touch 5365 & 5244.

Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com

Nifty Trade 2 (15/7/2011)

Sell Nifty @ 5608 SL 5628 Tgt 5579, 5555.

Nifty Trade 1 (15/7/2011)

Buy Nifty @ 5635 SL 5625 Tgt 5665