We saved all those who are following us from getting trapped in this market. We intimated you all in June when Nifty was at 4700 levels, that 5-10% corrextion in short term and 15-25% correction medium term is coming in markets. And now you all Must be watching the result of the prediction done by us, Nifty from 4700 levels to 4050 levels today. Our followers minting money from down market and all other long position holders raped badly, and sitting on mountains of loss.
Yesterday also we told you all that breaking of 4115 levl will take Nifty to 4040 evel, and you all must have watched Nifty fut making a low 4053 today and on upside we gave a resistance at 4046 and nifty fut made highof 4048. So we hope you all must be liking the accurate levels provided by us , so that you all can make money from this market.
We always say, dont be a bull or a bear, stay with the levels and always be a winner in the market.
On 9 July,Nifty fut will face resistance at 4095-4130 level, crossing these levels Nifty fut can upsurge till 4154-4175-4205 levels. However any upside in current market must not be taken for creating fresh long positions instead book long positins at every rise. Nifty fut must sustain and close above 4154 level in order to make the bears slow down. On lower side Nifty fut has support at 4024-4010, breaching below this level and sustaining, will boost the bears and all round selling can take Nifty to 3986-3960 and more lower levels.
Day traders are adviced to trade cautiously as market is highly volatile.
Level to watch : around 4000
Nifty levels
Resistance - 4095-4130-4154-4175-4205
Support - 4024-4010-3986-3960
Intraday calls
- Praj Ind abv 82 tgt-83.5-84.4-86
- Sell SBI bel 1575 tgt-1568-1560-1550
- Spanco ltd abv 44.25 tgt-45-45.4-46
- Hindalco abv78 tgt-79-80-82
- Also watch TWL, JP Associates, Taj GVK, Rallis.
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