See what we said yesterday, "for intraday one can buy on dips till 5180 level is not breached and can book long positions on uprise if Nifty finds it difficult to cross 5276-5335 level on higher side." And you all watched what happened yesterday, Nifty fut made high-5247 in morning and then went down to 5195 levels and again reverted back to 5230 levels. Those who followed our strategy of sell on rise and buy on dips, made handsome profits even in volatile markets. Our stock recommendations of Mount everest mineral water, AVT Natural , Bajaj Auto, Hindustan Copper etc blasteddddd to give massive gains in intraday.Enjoy being a member of EAIB Securities. Stay tuned,keep minting money.
On 21January, Nifty fut will face resistance at 5248 level. Nifty fut has to cross and sustain above this level, to continue upsurge in coming days. If it manages to sustain above 5248 level, then we can see Nifty fut heading towards 5276-5294-5315 levels. However, if it fails to cross the resistance level, then it can retrace the downside path, and on lower side Nifty fut has support at 5194 level, if this level is breached then it can slide down to the levels of 5180-5165-5144. On downside 5130 level, is the major support level, and till Nifty fut is above this level, bulls will be having an upper hand.Fresh selling can come only if Nifty sustains below 5130 and gives consecutive close below that.In coming days if on downside if 5130 level is not breaked then we can see markets heading towards 5500+ levels
We recommend all traders to keep a watch on 5276 level on upside, as crossover from this level can bring some fresh buying. Any closing above this level will mark a positive trend for coming days. So traders must use all downside till 5160 as an buying opportunity rather than to do short selling on lower levels. Use strategy of buy on dips and sell on rise, to maximise your gains.As we are continuously saying since many days, if 5130 is not breached on closing basis, all dips must be used to buy and all uprise in range 5294-5315 must be used to exit those positions, this strategy working magically in range 5130-5315. All those who are following us, are minting money daily, and those who follow the DAY CLOSING, MONTHLY EXPIRY, etc etc are getting stucked up in their short/long positions daily. We once again say that DONT BE A BEAR, DONT BE A BULL, FOLLOW THE LEVELS AND BE THE WINNER!!
On 21January, Nifty fut will face resistance at 5248 level. Nifty fut has to cross and sustain above this level, to continue upsurge in coming days. If it manages to sustain above 5248 level, then we can see Nifty fut heading towards 5276-5294-5315 levels. However, if it fails to cross the resistance level, then it can retrace the downside path, and on lower side Nifty fut has support at 5194 level, if this level is breached then it can slide down to the levels of 5180-5165-5144. On downside 5130 level, is the major support level, and till Nifty fut is above this level, bulls will be having an upper hand.Fresh selling can come only if Nifty sustains below 5130 and gives consecutive close below that.In coming days if on downside if 5130 level is not breaked then we can see markets heading towards 5500+ levels
We recommend all traders to keep a watch on 5276 level on upside, as crossover from this level can bring some fresh buying. Any closing above this level will mark a positive trend for coming days. So traders must use all downside till 5160 as an buying opportunity rather than to do short selling on lower levels. Use strategy of buy on dips and sell on rise, to maximise your gains.As we are continuously saying since many days, if 5130 is not breached on closing basis, all dips must be used to buy and all uprise in range 5294-5315 must be used to exit those positions, this strategy working magically in range 5130-5315. All those who are following us, are minting money daily, and those who follow the DAY CLOSING, MONTHLY EXPIRY, etc etc are getting stucked up in their short/long positions daily. We once again say that DONT BE A BEAR, DONT BE A BULL, FOLLOW THE LEVELS AND BE THE WINNER!!
Stay tuned with Team EAIB, and keep minting money from any kind of market.
Nifty Levels
- Resistance - 5248-5276-5294-5315
- Support - 5194-5180-5165-5144
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Intraday Calls
- Sunflag Iron abv 33 tgt-34.2-35.8-37+
- Welspun India abv 94 tgt-96-97.7-100
- Fresenius Kabi abv 149 tgt-155-163-175+
- JK Tyre abv 171 tgt-173-175-178.8+
- Also Watch Acrysil Ltd,Maxwell Ind, Walchandnagar Ind. ,KLG Capital,
For all trades, keep trailing your stoploss once the stock is above the buying price. Dont take delivery of any intraday call. Avoid spike buying.
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