Intraday market outlook for 1July

Today after opening strong and in deep green, markets turned into thick red, this downside was due to the nervous investors who are squaring off the positions before budget. In our market outlook for 30June, we clearly indicated the upside level of 4440 for nifty fut, and also told you all that reverting back from highs nifty fut have support at 4250, and you all musthave watched Nifty future levels for today, which show the day high at 4440 and day low at around 4260. During market hours, when Nifty was trading in positive zone, we told all members added on yahoo messenger that sharp move coming in nifty, and after some time they watched Nifty crashing from 4390 (lvl at the time of telling) to lower levels of 4260. All our intraday calls also blasteddd today and gave massive returns. Our highly accurate market view and money minting stock calls, making people earn money in truckload.
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On 1July, again an ambiguous move can be seen in markets. Nifty fut has support at 4250, breaching and sustaining below this level can make Nifty slide to 4215-4190-4150 levels. Any close below 4150 will open doors for levels of 4000 levels. One must be cautious at 4215 levels, if this level is not breached then we can see markets reverting back. On upside Nifty will face resistance at 4330-4355.
As we have mentioned in our weekly view, that markets can see a correction of 10-15%, you all must have watched a correction from 4440 to 4260 levels today. Stay cautious in markets, and dont leverage positions Stay hedged for all long/short positions as market is highly volatile these days.


Nifty levels

• Resistance- 4330-4355-4390
• Support - 4250-4215-4190

Intraday calls

• Grasim abv2325 tgt2342-2360-2383
• Graphite india abv 46.4 tgt-47-48
• Sell Reliance bel2015 tgt-1984-1968-1952
• Sell KFA bel50 tgt-48.5-47.2

Trail your stoploss to buying price, once the stock starts giving you profit. Market is highly volatile, so keep booking small profits.

Only Accuracy here!!!!

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