Intraday market outlook for 10September

Yesterday once again we rockedddd with our highly accurate market view and stock calls. We told you all in intraday market outlook that resistance 4845 and support 4782, and you all must have watched both levels worked for the whole day. Also during market hours when Nifty was at 4790, we told everyone that Nifty will make a new day high, and soon after our call ifty made 4832 high. All our stock calls gave 3-20% gains in intraday. We hope you all must be njoying our accuracy and minting massive gains from both sides of markets.
Today Our PREMIUM MEMBERS traded in Nifty4800PE,Unitech95PA both gave 20-40% gains in intraday. Nifty fut trading made 65pts in intraday. Stock calls of Spicetele,ABG Shipyard, Colgate gave massive gains to all members.

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As we saw yestrday, Nifty futures opened 4787 and then it made a low of 4780.20, after creating the day low the whole day it traded in a narrow range of 50 pts, and then in last hours of trade it made a reovery from lows and made an intraday high of 4832, and then after closing the session at 4821 level.
On 10September, Nifty fut will face resistance at 4860 level, for any further uprise Nifty fut must trade above 4860 level. Once it manages to trade above 4865, then we can expect higher levels of 4878-4890-4905 . However the resistance level given above will try to act as good bearguard level, and in case Nifty fut reverts back from resistance level, then on lower side Nifty has support at 4776 level, breaching below this level will open doors for 4760-4738-4725 levels, breaching below 4725 which will act as bullguard level, can make Nifty fut slide down further to 4680-4665-4540 levels.
We once again recommend all traders to watch the levels of 4860 on upside and 4776 on downside for all their short/long trades. For intraday trades these levels can be used as initiating the trades on both sides of markets. Every One must be watchful and cautious around these levels, as breakout of this range can lead to further movement in that direction.

Nifty Levels

Resistnce- 4845-4860-4878-4890-4905

Support - 4776-4760-4738-4725-4680

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Intraday call

• Optocircuit abv 207 tgt-211-215.8-221+
• Reliance abv 2175 tgt-2184-2195-2220
• Sterlite ind abv 748 tgt-754-762-774
• Bharati Shipyard abv 215 tgt-218-220-226+
• Also watch Bilcare,GVK Power, HOEC,GHCL,Taneja Aero,Spicetele.

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

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