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Wednesday, January 12, 2011

Market Outlook

Yes, as it was foretold by us, so it shall be. Once we mention the levels & news here on our blog...whole India comes up shouting about those levels & same market trend....so stay tuned with Team EAIB to get everything well in time!! What happened in last two days was timely, clearly & boldly told by us-

".....last stop for the bulls was 6255 level. After that, the train heads straight south.....toward 5880-5770-5685 & more....these levels wont come in a single move instead it will be hit in a planned roller coaster ride...so use your own wisdom to trade......" CLICK HERE TO READ IT IN DETAIL.

Nifty fut yesterday making low of 5700..almost all tgt hit...bears & our followers njoying money rain in positional shorts in Nifty future. What bears did in last 11 days is well depicted by this picture-



On 31 December'2010 also we warned each & everyone of you & all those who were expecting a bullish 2011....that in 2011 get ready for some bear action. Now Result is in front of you all.....market crashing down 509 points ( 6209 to 5700) in first 11 days of january......So wake up Bears! Hibernation is OVER! It’s time to party like!!........anyone want any more crash in such short period of time???? All bullish traders after seeing such bloodbath in markets thrown away their towels & joined the bear party.....but now its too late for them & they will be trapped on both sides now i.e. first they lost money in long positions & now when they have gone short at lower levels...they will lose money in shorts. Mantra for earning money is to execute right trade at right time...& not to indulge sentiments & gut feelings while going for a trade.



When all the bulls see all this chopping action as weakness, they all pile on short on lower levels and this will be the fuel needed for short squeeze. So you can expect some wild swings to shake out the bears and squeeze the bulls to happen before the final weekly close. Now moving ahead Nifty fut have support at 5710-5690 levels for intraday today, and till bulls are able to hold Nifty fut above 5710-5690 level on closing basis....we expect a bounceback in markets till 5840-5898-5960 levels. However on upside bears will give a tough fight around 5840 resistance...as this level was also given yesterday and whole day bulls were not able to cross this & then you all watched sharp crash from this level ( 5841 to 5700). Next round of bear action will start only after decisive break & consecutive close below 5710 level, and that could take the markets to 5665-5618-5559 levels. Traders are adviced to keep a cautious approach while trading. Its never easy to trade in a rigged game, and that’s why we have to examine all the pieces to the puzzle created by manipulators. So, you must include a little bit of everything in your quest to survive in this controlled and manipulated game of stock market. Trade lightly, and don’t hold for more then a day or two would be our suggestion for now. Read the market outlook provided for knowledge & trade as per your own wisdom.


The current Equity/Commodity market movement is a golden opportunity for traders to earn money in truckload. Those who are sitting sideways with money, are simply losing the lifetime opportunity for making profits.

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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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