Intraday market outlook for 26June

Yesterday we told you all that 4365 is resistance on upside, and you all must have watched nifty reverting back from 4361 level and then hovering below 4325 level for most of the time. And after breaking our Support level of 4280, it crashed sharply to 4126 level. We intimated you all about this well in time. Hope you all must be enjoying the 100% accurate market view.

Today our PREMIUM MEMBERS enjoyed Nifty fut short trade and NIFTY4300CE which gave 50% gain in intraday. All in all a masive gain in both trades.


On 26June, Nifty fut will face resistance at 4280-4298 level, if this level is crossed and sustained then we can see nifty going up till 4325-4365-4410 levels. However if Nifty is unable to upsurge, then on downside it has support at 4220, breaching this level will make Nifty to slide down till 4190-4154 and more lower levels. Nifty range for the day will be 4220-4298,breakout on eitherside will lead to sharp movement.

Nifty levels
Resistance - 4280-4298-4325-4345
Support - 4220-4190-4154-4130

Intraday stocks

• IRB Infra abv 151 tgt-153-155
• Bank of Baroda abv 437 tgt-440-445
• Anu's lab abv 28.2 tgt-28.8-29.4
• Man Alumin abv 36 tgt-37-38.5+
• Also watch Polyplex corp, JPT, Amrutanjan, Gulf oil.

For all trades, keep trailing your stoploss once the stock starts trading above buying price. Avoid spike buying.

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