Intraday market outlook for 16September

Day by day you all must be addicted of getting highly accurate market view provided by us. Daily markets respecting our levels & views,and making all our followers mint money from the market. We wont repeat the whole story again & again everyday,just read the below mentioned posts very thoroughly & get a glimpse of what can be next move in markets in coming days.

• Intraday Market outlook, CLICK HERE.
• Weekly Market outlook,CLICK HERE.

Current market movement is a clear example of manipulation, as without any specific reasons the markets are blooming higher n higher. All this monopoly money that the manipulators are printing has changed the stock market game dramatically. The retail traders don’t stand a chance in this rigged game. It’s not the same as playing blackjack in Las Vegas....it’s worst! Of course we all know that the house wins 95% of the time or more, but at least in that game the house doesn’t know what you have in your hands. But in this market, they can see in your hands by the about of open interest on the various strike prices for the expiring option… and they can also see where every one's “stoploss” are placed at! That’s like the house looking at your cards in Vegas....absolutely insane! However, the market is looking really tired now, as each day is having pops and intraday drops indicating that retail traders are buying the news, and the big institutions are selling on those pops. We have no doubt that we are still within spitting distance of a big dump in the market, but it seems that it can drink a few more beers before it pukes it's guts out. This market is seriously drunk now. Read the facts provided for knowledge & use your own wisdom to trade in this market.

Today On 16September, it could gap up quickly in the morning to squeeze out yesterday's new shorts, but it should turn back down and close flat or lower. That’s a big “could”, and not a “will” gap up.....as the market is very overbought on the short term right now. Nifty fut will face resistance at 5877 level, if this level is crossed with high volumes and Nifty fut is able to sustain above this level, then we can see an upside in nifty till 5896-5914. For every rise in coming days we recommend all members not to leverage positions, instead keep booking your longs. Overall market is overbought & bulls will take a breather for a while after a sharp rally in last 7-8 days. So, use every rise for profit booking, and not for leveraging long positions. Today should be no different as the roller coaster ride may continue. But we suspect that by next week, the bear will rise again! The bull won’t know what hit him, as the bear is sneaky and will attack from behind. Payback will be brutal and swift as bear seeks his revenge. For intraday on the lower side Nifty has support at 5845 level, if this level is breached and sustained then we can again see nifty touching 5810-5775-5750 levels. Till Nifty fut is trading below 5896, bears will continue to attack decisively at every rise. More the time Nifty fut remains below 5896 more the bears will become strong and will try to take charge . If Nifty fut breaches the level of 5810, then sudden sharp selling can come in markets. Nifty fut range for the day will be 5810-5896, breakout of this range on either side can show sharp movements. It’s hard to say for sure what manipulators are thinking, but we are sure their aim is to steal the money from the new retail bulls, and not to allow the bears to profit from the sell off. We would say that they want to steal the bears money too, but all the bears are now broke, as they stole that money a week ago.

Nifty Levels

• Resistance - 5868-5877-5896-5914
• Support - 5845-5810-5775-5750

=================================

Intraday Calls

• Financial Technology abv 1420 tgt-1445-1464-1480+
• Aaarvee Denim arnd 84 tgt-85.7-87-89.4
• R R Financial abv 154 tgt-157-162-167+
• Ajmera Reality abv 256 tgt-261-270-283+
• Also watch Neyveli Lignite, MMTC, Lakshmi Machines, Den Networks.

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