Fresh Nifty View (27/12/2011)

Nifty View : Post opening, Nifty Fut went up till 4808 (We bought @ 4776 & booked around 4802), But from there is facing continuous selling pressure.
Now If 4760 breaks with volumes, Expect it to slide upto 4720/4680.
Upside upto 4826/4845 only if we cross & sustain abv 4809 with volumes.  

Mktviews Trade 1 (27/12/2011)

Buy Nifty @ 4776 SL 4756 Tgt 4810, 4823. 

Mktviews Daily Nifty View (26/12/2011)

Expect Markets to open on a flat note in-line with Global Markets

Now, 4695-4705 is a crucial support level which needs to be held for witnessing any small pullback upto 4774-4800 zone.

If breaks & sustains below 4695, further selling pressure upto 4665/4635 could be witnessed.

Key Nifty Futures Levels :

Supports : 4695 & 4665.

Resistances : 4756 & 4790.

Probable Trading Range : 4665 – 4790. 

Mktviews Weekly Nifty Analysis (26/12/2011-30/12/2011)

Last Week Indian Markets showed resilience & sharp pullback was witnessed form new yearly low of 4540 to 4775 levels followed by short-covering & selective buying support @ lower levels post pullback in global markets on A/c of successful spanish bond auction & better US data w.r.t unemployment & housing as well as India's Lower food Inflation nos & upgrading of India's debt rating by Moody's. 

 

Coming Week, Uncertainity over news-flow from political front over Lokpal Logjam  & reports over a possible fuel price hike would be very crucial & may have a negative impact. 

Movements would be very choppy & volataile ahead of FnO expiry on 29 Dec (Thursday). 

 

Going Forward, If Nifty Fut holds 4596 & crosses resistance zone of 4865-4874 with volumes, Trading pullback upto 4994/5076 would be witnessed. But If fails to cross & sustain abv 4874, Will be in a trading range 4596-4874. 

Strong Support lies @ 4596-4610. 

If breaks & sustains below 4596, Nifty could witness a freefall upto 4435 & 4290 Levels. 

 

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

Never Forget : Our NATURE is our FUTURE !!!

Mktviews Daily Nifty View (23/12/2011)

Expect Markets to open on a positive note in-line with Global Markets on A/c of better US data points.

Now, Nifty Fut needs to cross critical resistance zone 4794-4798 for bounce back upto 4829/4849. If does not cross 4798, then lower levels of 4709/4675 could be retested.

Key Nifty Futures Levels :

Supports : 4743 & 4709.

Resistances : 4798 & 4835.

Probable Trading Range : 4709 – 4835.

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Mktviews Daily Nifty View (22/12/2011)

Expect Nifty to open on a Negative note following negative global markets.

After a massive Short-Covering move yesterday, Nifty Fut can move upto 4719-4734 area which is a critical resistance area.

Further pullback upto 4780/4830 is possible only incase 4735 is crossed & sustained. If does not cross 4735, then lower levels of 4600/4530 could be tested.

Key Nifty Futures Levels :

Supports : 4658 & 4624.

Resistances : 4719 & 4759.

Probable Trading Range : 4624 – 4759. 

Mktviews Daily Nifty View (21/12/2011)

 Markets have opened Gap-up on A/c of Positive Global Markets. 
Nifty Fut faces critical resistance zone 4678-4684 for trading pullback upto 4730/4760. If does not cross 4684, then lower levels of 4590/4550 could be tested. 

Key Nifty Futures Levels : 

Supports : 4619 & 4590.
Resistances : 4684 & 4719.
Probable Trading Range : 4590 – 4719.

Mktviews Daily Nifty View (20/12/2011)

Expect Markets to open on a Flat to Positive Note.

Nifty Fut faces critical resistance zone 4646-4656 for trading pullback upto 4703/4730. If does not cross 4656, then lower levels of 4576/4536 could be tested.

Key Nifty Futures Levels :

Supports : 4590 & 4556.

Resistances : 4656 & 4681.

Probable Trading Range : 4556 – 4681

Mktviews Weekly Nifty Analysis (19/12/2011-23/12/2011)

Indian Markets closed at its 24 Month's Lows due to sustained selling pressure following Shocking IIP data, unchanged key interest rates by RBI against expectation of a CRR cut, Rupee hitting all time lows of 54.32 v/c Dollar, Fresh downgrades of European Banks & corporates by rating agencies.
In the medium term, Nifty (Future) may fall upto 4289-4305 levels which is 50% retracement of entire rally from 2228 to 6349. (6349-2228*50% = 2060 & 6349 - 2060 = 4289). This fall may come but with small pull-backs in-between. Use all pullbacks to reduce Long Positions as bouts of Selling Pressure would be witnessed on all rises.

Avoid Bottom Fishing.

Critical Resistance lies @ 4758-4776 area & any pullback upto 4865/4940 can be expected only if 4776 is crossed with volumes.
If Nifty Fut does not cross 4776 on upside and breaks & closes below 4519, it may trigger further panic selling upto 4410 & 4289.
Possible Trading Range 4519-4776.

Regards,
Team Market View Investments.
9987750901.
Yahoo : marketview@ymail.com

Fresh Nifty View (16/12/2011)

Nifty View : Nifty Future faces critical resistance around 4840-4845 area. If does not cross 4840, would fall back upto 4770/4740. Upside upto 4890/4930 only if Nifty Fut crosses & sustains abv 4840.