We think that the top for this expiry is already in on this market, and we’ll see some selling in markets till November expiry. The bears need to gap this thing down below support of 5940, or the bulls are going to stage another massive murder of them. While the manipulators can continue to mint money at light speed, they can’t manipulate the larger time frame charts that easily. While they can strecth out the charts to extended levels, at some point the charts will react as they should....meaning that “They will work again”! All this monopoly money that the manipulators are minting has changed the game dramatically. The little guys don’t stand a chance in this rigged game.
The market outlook for today is not much changed from yesterday, to view the MARKET OUTLOOK, CLICK HERE.
The market outlook for today is not much changed from yesterday, to view the MARKET OUTLOOK, CLICK HERE.
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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.
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