As told yesterday, market went down and came back sharply. We told you all that downside is not to worry,as the downside was necessary for healthy market. we gave support level of 4365,and Nifty reverted back from 4370 levels. All our intraday stocks blasteddddd to give massive gains in intraday. Hope you all must have enjoyed the accuracy.
Our PREMIUM MEMBERS today minted 140pts in Nifty and our option call of Chambal80CA given at 1.1 went 2.1 in intraday,money almost doubled in few hours.
On 10june, Nifty will face resistance at 4590-4620 level, once these levels are crossed and sustained then we can see 4645-4680 levels . Closing above 4645 will make markets to surge further. On the downside Nifty has support at 4530-4480. For any further downside Nifty has to close below 4430 levels, unless this support is breached market will ounce back from lows. So keep these levels in cosideration for any trade. Nifty range will be 4465-4645,breakout on either side will lead to sharp movement.
Nifty levels
Resistance- 4590-4620-4645
Support- 4530-4505-4480
Intraday stocks-
Buy Tech Mahindra abv 750 tgt- 760-772-790+
Buy Satyam abv 67 tgt-70-73
Buy Tata Power abv 1146 tgt-1160-1174-1195+
Also watch Archies,ACC, Su-raj Diamond.
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Wednesday, June 10, 2009
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