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Tuesday, June 30, 2009

Intraday market outlook for 30June

Yesterday, as we told you all Nifty was unable to sustain above 4425 leve, and reverted back to close below 4400 level. Our intraday calls and Operator of Tata tea blasted fro 722 to 750 in intraday.
Our PREMIUM MEMBERS minted money from Unitech,IFCI, kesoram and Nifty 4300CE given@228 (went 284) and SAIL160CA given @8.8 (went 12.75) ,and handsome gains in Nifty fut trading. All in all we minted huge money from markets again.

On 30June, Nifty fut will face resistance again at 4425, and for any upmove it has to close above this level. Once it sustains above 4425, then we can see the levels of 4440-4465-4490. However if the resistance level is not crossed then we have support at 4320 on downside. Breaching this support level, Nifty can slide till 4280-4250 levels. Nifty range fo the day will be 4345-4425, breakout on eitherside will lead to momemntum on that side.

Intraday calls -
  • ABAN abv 927 tgt-936-945-960
  • Godavari Power abv 117 tgt-121-126-130
  • GVK Power abv 43.5 tgt-44.2-45.5-47
  • Alstom power abv 522 tgt-531-540-556
  • Also look for Aries agro, Texamaco,Bharat Bijli.

For all trades, keep trailing your stoploss once the stock starts trading above buying price. Avoid spike buying.
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To know the exact trading levels for stocks and Nifty future, join our PREMIUM SERVICE and start minting money from any kind of market with our high accuracy.
Dont waste time in thinking, else you will loose the opportunity to earn money from the current movement of markets. Join us fast.
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