Our bad habit og predicting accurate market levels & direction, making all our members enjoy money rain even in this highly deceptive & volatile market. Hope all of you must have njoyed our magical resistance level of 6038 and also our sup-5972 in last 2-3 days. Those who missed all the action, CLICK HERE & judge our accuracy yourself.
For the week starting from 6December, Nifty fut will face resistance at 6080 level, and in order to maintain uptrend and keep hope for bulls alive, it has to close above this level for consecutive days. Once Nifty fut manages to close above this level, we can see upper levels till 6139-6180-6210 levels. However Nifty fut will face good selling pressure on rise and will need good volumes to cross 6080 levels, failing to do so and closing below 5972 levels, it will again slide down to lower levels. On lower side Nifty fut have support at 5972 level, if it breaches this level and closes below this then expect some sudden sell off to come and that will take down Nifty fut to much lower levels of 5920-5880-5835. So, the initial trading session of this week will be of greater importance to decide the further movement of markets. Traders must stay cautious and take positions after watching the market scenario. Overall for the markets the narrower range is 5972-6080, and a brodaer range looks like 5835-6180, however on higher limit of these ranges chances for sudden profit booking will be of high probability.
We recommend all traders to watch the range 5972-6080, as this range is very crucial for this week, breakout of range on closing basis on either side will lead to sharp movements. So, trading strategy must be made only after watching this range. On lower side 5920 is support zone, & if Nifty dont breaches 5920 level on closing basis, then we can see bounce back in markets from lower levels, on higher side 6038-6080 is resistance zone. In this december expiry we may see some steep movements in markets and markets may show some clear one side direction. Traders are adviced to hedge all the positions accordingly, and dont trade blindly without judging the market movement.
Nifty Future Levels
- Resistance - 6080-6139-6180-6210
- Support - 5972-5920-5878-5835
==================================
Stocks for the week
- Carol Info
- Tulsi Extrusion
- CCL Products India Ltd
- Kopran Ltd.
- Marico Ltd
- OMDC
- Sarda Energy
- Jindal Steel & Power
==================================
Intraday Calls
For LIVE MARKET CALLS, Click here.
For all trades, keep trailing your stop loss 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.
Only accuracy here!!!!
For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303
No comments:
Post a Comment