Talking about the current market situation, bulls have a hurdle at 6314-6360 level on upside, & till this level is not crossed on consecutive closing basis, bears will attack decisively over bulls. Time is running out as the bulls are starting to weaken! Soon they will fall over from the poison that they’ve been given. Consecutive close & sustain below 6220 will become increasing worse, causing more panic too occur. Yes folks, the moment of reckoning, (for the bears at least), is now upon us. The Bulls have certainly been having their fun these last few weeks. They teased the bear by acting like they were going to let him have a little fun, but squeezed him every single time. And so now bears are trying to take their revenge in a brutal manner.
Now Nifty fut will face resistance at 6314 level, crossing and sustaining above this level will make Nifty fut move forward on upside, and on way to upside it can march till 6348-6360-6389 levels. Look..... there has always been some manipulation in the market, every since it was created. But, this obvious manipulation is absolutely horrible for the market in the long run. It will cause a massive.... and we mean massive sell off, when it finally starts! Its not healthy for the market at all. These manipulators can stretch this upside in the markets to some more higher levels in coming days, but the retail trader must stay cautious. In this volatile sessions, if nifty fut is unable to cross the resistance level, and goes on downside, then it has a support at 6280 level, breaching below this level we can see Nifty fut sliding down to the levels of 6256-6220-6190. On downside now 6220 level is a major support for markets. Remember, crooks are “the Fox” and we are “the Sheep”! They are trying to steal your money, so don’t believe anything they say.... we certainly don’t. Read the facts provided for knowledge & use your own wisdom to trade in this market.
Now Nifty fut will face resistance at 6314 level, crossing and sustaining above this level will make Nifty fut move forward on upside, and on way to upside it can march till 6348-6360-6389 levels. Look..... there has always been some manipulation in the market, every since it was created. But, this obvious manipulation is absolutely horrible for the market in the long run. It will cause a massive.... and we mean massive sell off, when it finally starts! Its not healthy for the market at all. These manipulators can stretch this upside in the markets to some more higher levels in coming days, but the retail trader must stay cautious. In this volatile sessions, if nifty fut is unable to cross the resistance level, and goes on downside, then it has a support at 6280 level, breaching below this level we can see Nifty fut sliding down to the levels of 6256-6220-6190. On downside now 6220 level is a major support for markets. Remember, crooks are “the Fox” and we are “the Sheep”! They are trying to steal your money, so don’t believe anything they say.... we certainly don’t. Read the facts provided for knowledge & use your own wisdom to trade in this market.
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