Market outlook for the week 15-19 June

Our market outlook for last week was also 100% accurate ,and we hope you all must have minted masive gains with our accurate market outlook and stock calls. All our intraday/positional calls gave massive gains of 5-20%. FREE CALLS were given in weekly/intraday outlook and on our message group. To get all the FREE calls, keep visiting here daily.

Our PREMIUM OPTION call of Chambal fert80CA given at 1.1 went 3.45, money tripled in 2 days. Other calls of Tech Mahindra, Satyam, ACC, Goa Carbon, BGR Energy,Hindustan Zinc, Harrison malyalam, etc gave 10-20% gains in intraday/Delivery basis. Money minted in bags in all calls provided by us.



On last trading session of the week, we witnessed Markets loosing the ground and sliping into the negative territory after mid session to close in negative due to mounting selling pressure on profit booking after sharp rise in earlier sessions. Now for the coming week Nifty fut will face resistance at 4625 level, once this level is crossed and susatined then we can see higher levels of 4665-4690-4705, on upper side 4705 will act as major resistance level and any close above this level will invite the target of 4770-4810. On the contrary, Nifty fut has support at 4565 on lower side, breaching this support level Nifty will show the lower levels of 4530-4480-4365, any close below 4365 level will make Nifty to slide down to the levels of 4250-4175-4030. Nifty range for this week will be 4565-4705, breakout on eitherside will lead to sharp movement.

"From current levels, the upside for market looks limited and market may come into correction phase anytime, with a magnitudde of 5-10% in short term and 15-30% in medium term. Hence traders must step cautiously before entering into new longs, waiting for some correction to get into fresh longs will be a wise step at this point." In our weekly view for 1-5June, we told you all to stay cautious as sharp correction can come, and we are again telling you all to stay cautious with all your long/short positions and keep booking profits time to time, to prevent your hard earned money from being lost.

Nifty levels
Resistance- 4625-4665-4690-4705-4770
Support- 4565-4530-4480-4365-4330


Sectors to watch

• Pharmaceuticals
• Real estate
• Fertilisers
• Sugar

Stocks for the week

• WWIL
• Castrol
• *Jyoti Structures
• Jay Shri Tea
• Glory Polyfilms
• *Hindustan Zinc
• *Bhagyanagar Ind.

FREE Intraday calls for 15June

• MMTC abv 33950 tgt-34475-34960-35390
• Hindustan Zinc abv 668 tgt-680-694-720
• Sterlite ind abv 720 tgt-729-740 (abv740 it can blast).
• GVK power abv 42.4 tgt-43-43.6-44.2
• Also watch RIL, Power grid, Canara bank, GMDC.

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



Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.Only accuracy here!!!!

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