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Wednesday, May 19, 2010

Intraday market outlook for 19May


On 19May, Nifty fut will face resistance at 5110 level, if it manages to sustain above this level then only we will see Nifty going higher upto the levels of 5128-5155-5172 levels. On higher sides Nifty fut must give a close above 5225 level in order to make the bulls active, failing to do so and breaching below 5048 level, market will be under the influence of bears. On lower side Nifty fut has support at 5012, If Nifty fut breaches this level and sustains below this then there will be a downside in markets till 4990-4960-4914 levels. Any close below 4960 will make the bears take full charge on markets and market can see sharp falls. On intraday rise, dont create fresh longs. Intraday range for Nifty fut will be 5010-5155.

Few big bulls playing massively in current markets. They are trying to steam up the markets to exit their long positions. We recommend all members to keep booking profits at every rise, as after inching higher any time sudden profit booking can come. If you ar not aware of right time and right direction. then surely use these upside to exit the long positions and not to create fresh positions. We are about to see a sharp movement in markets in coming days and surely the direction & time of movement will be told to our PREMIUM MEMBERS. Leveraging positions without properly hedging that, can make your money stuck up in the markets. Sentimental trading must be avoided, and traders must follow the levels to trade in the markets

Members who want to mint unexpected profits from markets in coming days, DONT MISS to join our SURESHOT SERVICE today. DONT MISS & DONT WAIT. Coming days are golden opportunity to earn profits in truckload, with our highly accurate market news and stock calls.


Nifty Levels

  • Resistance - 5110-5128-5155-5172
  • Support - 5012-4990-4960-4914

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Intraday Calls

  • Setco Automotive abv 225 tgt-228-232-239+
  • Omnitech Infosolution abv 172 tgt-175-178-185
  • Parsvnath Developers abv 118 tgt-120-122.6-127.8
  • Grindwell Norton abv 206 tgt-210-216-225+
  • Also watch Zandu Reality, Shree Ganesh Jewellary, Kale Consultants, Liberty Phosphate.


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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