What we said yesterday???? CLICK HERE TO RECALL..... Clearly & boldly said that opening will be gap up but not crossing 5965 level & breaking 5880 level, will create panic selling in markets...and we hope you all are aware of what happened yesterday!!!! Nifty opening up making high 5941 and then in later hours as soon as it breaked 5880 mark....it crashed & fell like pack of cards....& made low 5757. All our followers minted money in truckload in our short positions & all other bulls were butchered brutally by bears!! Once again Team EAIB warned & saved all our blog readers & followers from getting trapped in the dirty game of manipulators. Stay tuned with us for more such news & timely updates. We believe in showing live performance, rather than keeping past performance to show our accuracy. Read it, Believe it & then trust us!!
Now moving on to Friday, bears are all enjoying the grand party time & butchered bulls are trying to get a single chance to regain their lost existence. Bulls will put all their energy to make a pullback in markets . How high, We don’t know? But it’s going to be more about the time factor then the actual price level.If bulls are not able to close the markets in green above 5930 in next few days, then we’ll start looking for the move down & bears showing some action & a move down like that would give the bears a nice dinner to eat. Just don’t drop the fish in your mouth when you look at your reflection in the water, thinking there is a bigger fish just below you.
Now bulls have a hurdle at 5828 level, once they manage to cross this barrier & sustain above this we will see them marching towards the levels of 5856-5890-5924. We have already mentioned last month that mega sharp movement will come in November & December month & also intimated on 9November that manipulators game will show massive sell off in coming days CLICK HERE TO READ...at that time nifty fut was around 6300 levels and yesterday it made low 5757 level... 550 pts downside already done from the given level. Now Bullish traders must keep eyes on the given resistance level & watch out for decisive breakout of that for any bull action in markets. All bears must now get alerted for their short positions, as the party time for them is near to an end. On lower side support exists at 5755 level, break below this level bears will take markets to 5730-5698-5665 levels. However, till markets are trading above 5755 level, bulls are having an upper hand but 5890-5930 range will be resistance zone for bulls in coming days!! So, traders must trade on both sides and mint money bi-directionally rather than waiting for expiry targets. All traders must stay cautious and must not leverage positions without proper knowledge of market directions. Only traders who have patience buy on dips and keep booking profits at every rise, impatient and low risk traders can stay away from markets as in coming days we are going to see highly volatile moves.
Of course till the 5755 level is not breached, we expect it to reverse back up and squeeze the bears out....which should also give enough fuel to bulls to take out the 5828 area and probably the 5855 area too. As much as we’d like to believe that the market isn’t manipulated, anyone reading this blog long enough knows that we’ve given you plenty of proof that it “IS” 100% controlled. Same game, different month. Every move is planned out months and years in advance folks. It’s up to us to figure it out of course, but never forget to expect the unexpected..... Read the facts provided for knowledge & use your own wisdom to trade in this market.
Now moving on to Friday, bears are all enjoying the grand party time & butchered bulls are trying to get a single chance to regain their lost existence. Bulls will put all their energy to make a pullback in markets . How high, We don’t know? But it’s going to be more about the time factor then the actual price level.If bulls are not able to close the markets in green above 5930 in next few days, then we’ll start looking for the move down & bears showing some action & a move down like that would give the bears a nice dinner to eat. Just don’t drop the fish in your mouth when you look at your reflection in the water, thinking there is a bigger fish just below you.
Now bulls have a hurdle at 5828 level, once they manage to cross this barrier & sustain above this we will see them marching towards the levels of 5856-5890-5924. We have already mentioned last month that mega sharp movement will come in November & December month & also intimated on 9November that manipulators game will show massive sell off in coming days CLICK HERE TO READ...at that time nifty fut was around 6300 levels and yesterday it made low 5757 level... 550 pts downside already done from the given level. Now Bullish traders must keep eyes on the given resistance level & watch out for decisive breakout of that for any bull action in markets. All bears must now get alerted for their short positions, as the party time for them is near to an end. On lower side support exists at 5755 level, break below this level bears will take markets to 5730-5698-5665 levels. However, till markets are trading above 5755 level, bulls are having an upper hand but 5890-5930 range will be resistance zone for bulls in coming days!! So, traders must trade on both sides and mint money bi-directionally rather than waiting for expiry targets. All traders must stay cautious and must not leverage positions without proper knowledge of market directions. Only traders who have patience buy on dips and keep booking profits at every rise, impatient and low risk traders can stay away from markets as in coming days we are going to see highly volatile moves.
Of course till the 5755 level is not breached, we expect it to reverse back up and squeeze the bears out....which should also give enough fuel to bulls to take out the 5828 area and probably the 5855 area too. As much as we’d like to believe that the market isn’t manipulated, anyone reading this blog long enough knows that we’ve given you plenty of proof that it “IS” 100% controlled. Same game, different month. Every move is planned out months and years in advance folks. It’s up to us to figure it out of course, but never forget to expect the unexpected..... Read the facts provided for knowledge & use your own wisdom to trade in this market.
Nifty Levels
- Resistance - 5828-5856-5890-5924
- Support - 5755-5730-5698-5665
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