Buy Nifty @ 4969 SL 4950 Tgt 4999, 5020
Friday, September 30, 2011
Mktviews Daily Market View 30/9/2011
Expect markets to open Negative following Negative Asian Markets & US markets once again facing intense selling pressure from higher levels.
Post Gap-Down Opening, 5018-5027 is a critical resistance which if crossed may trigger short-covering upto 5084. If does not cross 5027, then support zone 4937/4885 could be retested
Key Nifty Futures Levels :
Supports : 4971 & 4939.
Resistances : 5027 & 5059.
Probable Trading Range : 4939 – 5059.
Thursday, September 29, 2011
Mktviews Daily Market View 29/9/2011
Expect markets to open Negative following Mixed Asian Peers & Dow slipping off nearly 300 pts from day’s high to close at lowest point of the day.
4936-4948 is a critical resistance which if crossed may trigger short-covering upto 4976/4994. If does not cross 4948, then lower levels of 4880/4855 could be retested
Key Nifty Futures Levels :
Supports : 4908 & 4868.
Resistances : 4948 & 4976.
Probable Trading Range : 4868 – 4976.
Trade cautiously as Movements would be very choppy on Account of FnO expiry today.
Wednesday, September 28, 2011
Mktviews Daily Market View 28/9/2011
Post Heavy Short-covering in Last 2 days, Expect Marlets to take a breather, consolidate & trade range-bound 4978-5019 & Further covering upto 5074 can be expected if critical resistance zone 5009-5019 is crossed.
If does not cross & sustain abv 5019, may retest 4936/4910 again.
Key Supports : 4972 & 4936.
Key Resistances : 5019 & 5049.
Probable Trading Range : 4936 - 5049.
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews.
Tuesday, September 27, 2011
Daily Market View 29/7/2011
Expect Markets to open Gap-up following Global Counterparts.
Post Huge-Short Covering Yesterday, Now 4880-4885 may provide decent support.
If holds 4880 & crosses 4935, Expect Further covering upto 4965/4983.
If breaks & sustains below 4880, could witness fall upto 4829/4801.
Key Supports : 4880 & 4855.
Key Resistances : 4935 & 4965.
Probable Trading Range : 4855 - 4965.
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 !!!
Post Huge-Short Covering Yesterday, Now 4880-4885 may provide decent support.
If holds 4880 & crosses 4935, Expect Further covering upto 4965/4983.
If breaks & sustains below 4880, could witness fall upto 4829/4801.
Key Supports : 4880 & 4855.
Key Resistances : 4935 & 4965.
Probable Trading Range : 4855 - 4965.
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 !!!
Monday, September 26, 2011
Daily Pre-Market View 26 Sept 2011
Expect Markets to open on a Flattish Note following flat to Negative Asian Peers.
Nifty Futures would consolidate between 4855-4896 in 1st Half with Negative Bias.
4878-4896 is a critical resistance which if crossed may trigger short-covering upto 4924/4946. If does not cross 4896, then lower levels of 4822/4804 could be retested.
Key Nifty Futures Levels :
Supports : 4856 & 4824.
Resistances : 4896 & 4931.
Probable Trading Range : 4824 – 4931.Regards, Team Market View Investments.
9987750901.
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