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Tuesday, August 4, 2009

Intraday market outlook for 4August

On 4August, Nifty fut will face resistance at 4775 level, once it crosses and sustains above this level, we can see Nifty fut going up till 4798-4830 levels. However if Nifty is unable to cross the 4775 mark and revert back from this leve, then we can see Nifty going down till 4710-4690-4665 and more lower levels.
Nifty range for the day will be 4665-4775,breakout on eitherside will lead to sharp movement.
We recommend all members to keep booking profits as we may see some profit booking in markets. On upside 4775-4830 must be crossed in order to continue the upsurge in markets.





Nifty levels-
Resistance-4740-4775-4798-4830
Support - 4690-4665-4640-4610
Intraday calls
  • ACC abv 893 tgt-898-904-918
  • Vishal info abv28 tgt-29-29.5-31
  • Bharat Forge abv 250 tgt-255-259-264
  • Axis bank around 905 tgt-910-916-925
  • Also watch Indiabulls security,GVK power, APIL, Rallis.
For all trades,keep trailing your stoploss once the stock is above the buying price. Avoid spike buying.
For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com
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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Contact us at- 09935466303
Posted by Rulers!! at Tuesday, August 04, 2009

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