Intraday market outlook for 3June

On 2June market opened gap up because of the positive global markets and favoring cues from the domestic markets. Yesterday we told you all that Nifty fut resistance at 4590,and it could act as reversal level, and today you all must have watched Nifty reverting back from 4578 level and goin down till 4450 levels, making a downside of 128pts from high. In later hours, market witnessed buying interest ,which pulled it back .On downside we gave target of 4445,and Nifty as mentioned touched low of 4447.9, and then bouncing back to 4530 level. All intraday stock calls mentioned were also 5-12% up. Hope you all must be minting massive amont of money with our highly accurate nifty levels and money minting stocks.

All our PREMIUM MEMBERS enjoyed the money rain today. Intraday calls blasted to give massive gains & Our Nifty fut calls gave almost 120pts in intraday. Option call of Rolta 120CA given at 13 yesterday went 32 today,just calculate the profits of one day.
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On 3June, Nifty fut will again witness resistance at 4590-4620 levels, watch these two levels for determinting the future trades. If these resistances are crossed and sustained then we will see buying interest coming in again and Nifty can touch 4750+ levels in coming days, in case these levels acted as reversal level again then we will see selling pressure coming in markets and Nifty may slide to 4480-4430 & more lower levels. Any close below 4430 in coming days, can bring nifty to 4275-4130.

Nifty levels for 3June-
Resistance-4590-4620-4665
Support-4510-4480-4465

Intraday stocks-

• Escorts abv 79 tgt-81-85+
• Opto circuit abv 188 tgt- 191-95
• Harrison Malyalam abv 74 tgt-76-78+
• Moserbaer abv 111 tgt-113.5-115-118
• Also watch HDIL,Essar oil, SAIL,Aptech,Coromandal fertiliser.

Keep booking profits at every rise,as market is volatile. Once the stock trades above buying price,trail stoploss to buying price. Avoid spike buying.

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