Have you all enjoyed our mega blaster calls of Midfield Ind, given on 20August @186 and it made 257 after that, now again it went down to 191 & yesterday made high 334, we were the first to give this stock and now whole india mad about this stock. Also our Varun Ind 138 to 178, Hinduja ventures 435 to 487, Coromandel Int 545 to 574, Atlas Cycle 247 to 300, Ceat 165 to 195, and many more like CESC Fut, Sintex Fut, Capman Financial, Lakshmi Machines, Venkey'e etc etc blasteddddddddd to give profits in truckload. Yesterday we told in our market outlook and all bears will be killed, and you all must have watched the markets shooting up like rocket, and butchering all bears mercilessly. Sensex rose 338 points to 18560, its highest closing since 5 February 2008 gaining 378 points at the day’s high of 18600 in late trade. The Nifty rose 97 points at 5576, its highest closing since 18 January 2008 after hitting a high of 5589 in late trade. All in all our followers enjoying money rain this monsoon season. Stay tuned with us for more such money rain.
On 7September, Nifty fut has support at 5556 level, once this level is breached then we can see some sharp downside till 5536-5520-5507. We were continuosly saying from 5372 levels, that till Nifty is trading above 5340 level bulls have no worries and so markets will become strong and as days will pass bulls will become more active and now the result is in front of all. Nifty fut after making a low of 5361 last week now made a high of 5589. If 5536,level is not breached in intraday trade then we can some more buying in markets, and that can show upsurge again. On upside Nifty fut has resistance at 5592 level, managaing to cross this level,it can move upwards to 5610-5624-5667 levels. Intraday range for markets seems to be 5536-5624, breakout of this range could bring some steep movement.
We recommend all traders to stay cautious in range 5536-5624, as this will be the crucial range for intraday and breakout of this range on either side will show some sharp movement. If Nifty fut is unable to cross and sustain above 5624 level, then in intraday it will be favourable for bears only. However till Nifty fut is trading above 5536-5507 level, bulls are having an upperhand and we will see markets bouncing back. Markets will be highly volatile and will show ambiguous moves. So, traders must trade on both sides and mint money bi-directionally rather than waiting for expiry targets. All traders must stay cautious and must not leverage positions without proper knowledge of market drections.
On 7September, Nifty fut has support at 5556 level, once this level is breached then we can see some sharp downside till 5536-5520-5507. We were continuosly saying from 5372 levels, that till Nifty is trading above 5340 level bulls have no worries and so markets will become strong and as days will pass bulls will become more active and now the result is in front of all. Nifty fut after making a low of 5361 last week now made a high of 5589. If 5536,level is not breached in intraday trade then we can some more buying in markets, and that can show upsurge again. On upside Nifty fut has resistance at 5592 level, managaing to cross this level,it can move upwards to 5610-5624-5667 levels. Intraday range for markets seems to be 5536-5624, breakout of this range could bring some steep movement.
We recommend all traders to stay cautious in range 5536-5624, as this will be the crucial range for intraday and breakout of this range on either side will show some sharp movement. If Nifty fut is unable to cross and sustain above 5624 level, then in intraday it will be favourable for bears only. However till Nifty fut is trading above 5536-5507 level, bulls are having an upperhand and we will see markets bouncing back. Markets will be highly volatile and will show ambiguous moves. So, traders must trade on both sides and mint money bi-directionally rather than waiting for expiry targets. All traders must stay cautious and must not leverage positions without proper knowledge of market drections.
Nifty Levels
- Resistance - 5592-5610-5624-5667
- Support - 5556-5536-5520-5507
==================================
Intraday Calls for 7September
- Maruti Suzuki abv 1305 tgt-1314-1325-1339+
- Shriram Transport abv 748 tgt-754-770-782+
- Lakshmi Vilas Bank abv 127.5 tgt-129-132-136
- Dr. Reddy's abv 1437 tgt-1450-1467-1483+
- Also watch Resurgere Mines, VTM Ltd, OMDC, Frontier Springs.
For LIVE MARKET CALLS, Click here.
For all trades, keep trailing your stoploss once the stock is above the buying price. Don't take delivery of any intraday call. 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.
To get more Cash+F&O calls for intraday+positional trades, join our PREMIUM SERVICES.
Only accuracy here!!!!
For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303
No comments:
Post a Comment