Market outlook for the week 29June-3July

As usual, our market view going 100% accurate even in volatile markets and Nifty following our levels and making you all earn in any kind of market. The Market view provided by us last week, also turned out to be 100% accurate. Our habit of predicting accurate market view must have become an addiction for all of you visiting here. All other stock calls provided by us, also making handsome profits for you all. Keep minting money with us, in any kind of market. We always say, dont go with bulls/bears, stay with levels and earn in both kind of markets.

As told by us on friday, Nifty fut rebounded from low of 4252 against our support of 4245, and then touched an intraday high of 4392 against our resistance level of 4398. We told everyone on thursday that sharp move is coming on Nifty, as we were informed from our insidr sources, and exactly the same happened on friday and made all shorters trapped badly. Shorters were crushed by bulls,and were having no other option then to hope for the best.
All our members minted massive gains in Nifty fut trading last week and also made handsome money in stocks calls given by us.

In the coming week, 29June-3July, Nifty will face resistance at 4425 level once this level is crossed and sustained then we will see and upsurge in nifty till 4465-4488-4535 and more higher levels. But we will recommend all our members to book their long positions in any rise from current levels, as the upsurge can be followed by a sharo downside. So, keeoing cash in hand will be the best strategy for current volatile markets. On the downside Nifty fut has support at 4310-4280, breaching 4280 level on downside will make Nifty slide down till 4250-4140-4030 and more lower levels, any close below 4030 can make sharp downside in markets till 3800 levels. Nifty range for the week will be 4310-4530, breakout on either side will lead to sharp movement in markets.
Concluding the above market view, we can ay that the upside in markets is limited and downside is vast, so trader are adviced to stay cautious and trade with high precaution and make the trades hedged acordingly. We may head towards 10-15% from the higher levels.

Nifty levels

• Resistance- 4425-4465-4505-4530-4580
• Support- 4310-4280-4250-4140-4030

Stocks for the week

• Cipla
• Unitech
• *Tata Tea (watch this stock)
• Compact Disc
• United Phosphorous
• S Kumars Nation

Intraday calls for 29june

• Cipla abv262 tgt-265-267.4-270.5
• Bartronics abv182 tgt-185-188.1-193
• IFCI bav 56 tgt-57.2-58-59
• Kesoram abv278 tgt-284-287.5-291
• Also look for Unitech, Glory poly, Polyplex ,HDFC.

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

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