Team EAIB providing you all the most accurate market view well in time before anyone else tell it, and making everyone enjoy the money rain. Whole India comes up shouting about the levels & trades given by us, after they are posted here on our blog. We told yesterday that 5924-6048 are trend reversal levels & what happened yesterday? In morning Nifty fut crashed from 6040 to 5925 & then later recovered from 5925 to 6057 & whole day it was unable to sustain above 6048 level. Read the following post, and judge yourself, CLICK HERE TO READ. Those who follow us, enjoying money rain everyday, all others getting trapped in manipulators dirty game!! Stay tuned with EAIB Securities for more action
The market movement yesterday is a clear example of how well controlled and manipulated this market really is. All this monopoly money that the manipulators are printing has changed the game dramatically. There was NO reason..... not fundamentally, technically, or by any other thing that could explain the roller coaster move we had yesterday. This was done for one reason........ to hit the stop losses of retail traders on both sides & to rob the bears & bulls both! This market is so rigged that virtually impossible to get a clear direction of where the next trend is going to be?
Now for today, thinking like a manipulator here, they would try to take market up around 6100+ levels to squeeze out all the bears that went short on yesterday, and then tank it afterwards. This would trap a lot of bulls expecting the next rally up, and not allow any bears to get short in a great spot. All the bears would throw in the towel and go long, expecting a ride. That breakout above 6080 would also have the amateur bulls getting long too, while the manipulators & professionals get short. There were a few brave one’s who were long the market from lower reversal level of 5924 yesterday, and they will be rewarded greatly. In this dirty game of manipulation, once again the retail trader with no knowledge of market direction & proper advisory, will get trapped & will loose money on both sides.
On 19November, Nifty fut will face resistance at 6060 level, if this is level is crossed and sustained then we can see bulls marching ahead till the levels 6080-6124-6155. However bulls have a barrier at 6080 level on upside, so in order to get some energy to move further on upside & for any fresh buying they have to sustain above 6080, if they manage to do so, we can see bears loosing control over the markets and bulls taking charge. On the contrary if the level of 6080, is not crossed and sustained, then markets can slide down again to lower levels on account of some profit booking coming at higher levels. On lower side the support for Nifty fut is at 6010 level, breaching this level Nifty fut can slide down to lower levels of 5980-5965-5924 levels. In current scenario bulls are having upper hand till markets are sustaining above 6010 for intraday & 5924 for short term.
The market movement yesterday is a clear example of how well controlled and manipulated this market really is. All this monopoly money that the manipulators are printing has changed the game dramatically. There was NO reason..... not fundamentally, technically, or by any other thing that could explain the roller coaster move we had yesterday. This was done for one reason........ to hit the stop losses of retail traders on both sides & to rob the bears & bulls both! This market is so rigged that virtually impossible to get a clear direction of where the next trend is going to be?
Now for today, thinking like a manipulator here, they would try to take market up around 6100+ levels to squeeze out all the bears that went short on yesterday, and then tank it afterwards. This would trap a lot of bulls expecting the next rally up, and not allow any bears to get short in a great spot. All the bears would throw in the towel and go long, expecting a ride. That breakout above 6080 would also have the amateur bulls getting long too, while the manipulators & professionals get short. There were a few brave one’s who were long the market from lower reversal level of 5924 yesterday, and they will be rewarded greatly. In this dirty game of manipulation, once again the retail trader with no knowledge of market direction & proper advisory, will get trapped & will loose money on both sides.
On 19November, Nifty fut will face resistance at 6060 level, if this is level is crossed and sustained then we can see bulls marching ahead till the levels 6080-6124-6155. However bulls have a barrier at 6080 level on upside, so in order to get some energy to move further on upside & for any fresh buying they have to sustain above 6080, if they manage to do so, we can see bears loosing control over the markets and bulls taking charge. On the contrary if the level of 6080, is not crossed and sustained, then markets can slide down again to lower levels on account of some profit booking coming at higher levels. On lower side the support for Nifty fut is at 6010 level, breaching this level Nifty fut can slide down to lower levels of 5980-5965-5924 levels. In current scenario bulls are having upper hand till markets are sustaining above 6010 for intraday & 5924 for short term.
Nifty Levels
- Resistance - 6060-6080-6124-6155
- Support - 6010-5980-5965-5924
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Intraday Calls
- Educomp abv 565 tgt-570-578-584+
- Diamond Power abv 218 tgt-223-235-243
- Jindal Polyfilms abv 514 tgt-526-537-550
- Kanpur Plastics abv 36.2 tgt-37-38.4-40
- Also watch Liberty Phosphate, TTK Prestige, Sujana Metal Products, Samtel Color.
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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