What happened yesterday? If you haven't watched , haven't tracked & haven't enjoyed money rain, then CLICK HERE to read what we said for yesterday & then see the Nifty future graph for intraday yesterday. You all will be amazed to see the saga of success of Team EAIB. We are providing the most accurate & timely prediction of markets. Now when markets have started crashing down, every other person will tell to go short....but we gave shorting level well in time before 2-3 days at 5896-5914 level....almost the top made yesterday. Those who follow us, enjoying money rain everyday, all others getting trapped in manipulators dirty game!! Stay tuned with EAIB Securities for more action.
Yesterday’s new high was yet enough to squeeze out the last bear & trap the retail bull. Notice that every time we had a “rally up to squeeze out the last bear" just before the down move started. Did we have that “rally up” yesterday ? we think YES, and now the bulls party time can be over ( as mentioned in market outlook yesterday also that upside capped around 5914) Signs are clearly pointing to a top being in yesterday. The high today of 5917 could very well be it? The Dam is overflowing now and will soon explode, as the water of worry will spillover into the happy little town of the bulls below. When that happens, you will see a stampede of bulls as they run for the exits...but fortunately the bears can swim & so now bears will survive!!
At this point it seems that every normally bullish trader is bearish, but not willing to go short until they see the big institutions go short first. Yesterday Nifty fut crossed 5900 mark from recent lows of 5356, in merely 8-9 days, it scared the bulls also we believe, and so the bulls sold off hard into to close. Can’t say we blame them, as they’ve seen all the bears squeezed into absurdity. We just can’t find any good news to justify going higher. Going long now is like playing a game of Russian Roulette, you’re only click away from death, just like the market is now. We have already suggested to go short at every rise,told clearly that upside is capped at 5896-5914, & both our levels were hit yesterday. Just after hitting the upper most cap level of 5914, Nifty fut tanked sharply by 70-80pts from highs. Manipulators have succeeded in controlling this market every step of the way, and today was no different. Your mind is now being programmed to believe whatever lies they want to tell you.
In the present market, dirty big players have succeeded in beating up every last bear to the point that they are either broke, just too scare to go short anymore, or have converted to being a bull. But bears who got courage to short nifty around 5914 will be rewarded very soon. Moving on to today, Nifty fut have support at 5810 level, once this level is breached ....expect bear army to take charge over markets & bulls will be wiped off brutally. Once sustain below 5810, markets can tank down to 5775-5750-5728. We have already suggested to sell around 5985-5914 level yesterday. It seems that bulls party time is over now, & its time for bears to re-energise themselves. For bulls now resistance is at 5877 level, till they are below this level they will be brutally wiped off by bears.
Yesterday’s new high was yet enough to squeeze out the last bear & trap the retail bull. Notice that every time we had a “rally up to squeeze out the last bear" just before the down move started. Did we have that “rally up” yesterday ? we think YES, and now the bulls party time can be over ( as mentioned in market outlook yesterday also that upside capped around 5914) Signs are clearly pointing to a top being in yesterday. The high today of 5917 could very well be it? The Dam is overflowing now and will soon explode, as the water of worry will spillover into the happy little town of the bulls below. When that happens, you will see a stampede of bulls as they run for the exits...but fortunately the bears can swim & so now bears will survive!!
At this point it seems that every normally bullish trader is bearish, but not willing to go short until they see the big institutions go short first. Yesterday Nifty fut crossed 5900 mark from recent lows of 5356, in merely 8-9 days, it scared the bulls also we believe, and so the bulls sold off hard into to close. Can’t say we blame them, as they’ve seen all the bears squeezed into absurdity. We just can’t find any good news to justify going higher. Going long now is like playing a game of Russian Roulette, you’re only click away from death, just like the market is now. We have already suggested to go short at every rise,told clearly that upside is capped at 5896-5914, & both our levels were hit yesterday. Just after hitting the upper most cap level of 5914, Nifty fut tanked sharply by 70-80pts from highs. Manipulators have succeeded in controlling this market every step of the way, and today was no different. Your mind is now being programmed to believe whatever lies they want to tell you.
In the present market, dirty big players have succeeded in beating up every last bear to the point that they are either broke, just too scare to go short anymore, or have converted to being a bull. But bears who got courage to short nifty around 5914 will be rewarded very soon. Moving on to today, Nifty fut have support at 5810 level, once this level is breached ....expect bear army to take charge over markets & bulls will be wiped off brutally. Once sustain below 5810, markets can tank down to 5775-5750-5728. We have already suggested to sell around 5985-5914 level yesterday. It seems that bulls party time is over now, & its time for bears to re-energise themselves. For bulls now resistance is at 5877 level, till they are below this level they will be brutally wiped off by bears.
Nifty Levels
- Resistance - 5848-5877-5896-5914
- Support - 5810-5775-5750-5728
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