Market outlook for the week 25-29May

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All shorters are trapped badly in the current market rise,and now have no other option then to book heavy losses,all just beacuse of lack of market news. We were telling since third week that sharp move coming in market,and you all must have watched the historical upmove in Indian Share market in fourth week of May. We Hope you all must have enjoyed our accuracy. Our Members are sitting on mountains of money now. We provide you all market news well in time to earn profits from the arket movement.




Last week we witnessed a euphoric rise in the markets post the announcement of 15th Lok sabha results with victory for the Congress-led UPA depicting political stability for the next five years. Market maintained that growth entire week and most of the stocks gained more than 20-30%. On Friday after witnessing a downside due to neagtive global cues, markets recovered in later hours on buying coming in the heavyweight stocks. Sensex rose 14% to 13887 and Nifty rose 15% to 4238 in the week ended .

For this week we may see an ambiguous market movement with short covering taking place. The real action won’t occur in May expiry because of short squeeze the action now shifts to June series. Being F&O expiry week volatility will be high. This week Nifty fut will face major resistance at 4290 level,if it sustains above this level and manages to close above this then we can see an upside till 4345-4390-4430 level. Any close above 4430 level will open the doors for an upside till 4600+ levels.
On the contrary, Nifty fut has support at 4220-4180,few close below these levels will lead to a downside till 4110-4035 levels. Breaching the level of 4035 will create a panic situation in the market and can show a sharp downside till 3880-3775-3730 levels. Nifty range for the week will be 4180-4345,breakout on either side will lead to sharp movement.


Nifty levels
Resistance- 4290-4330-4390-4430-4515
Support - 4180-4145-4110-4035-3965

Stocks for the week-

• National Fert.
• Reliance Natural
• Dewan Housing
• Burnpur Cement
• Jayaswal Neco Ind.

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