
Just like what we said in second week of January'2011, oil will be $125-$150 per barrel, by the end of the year. This is certainly going to cause the market to tank. We bought this breaking news for the first time to our readers, and now whole world shouting about these price targets for oil. Click here to read & recall the whole story. According to the government’s “India Hydrocarbon Vision –2025” report, the elasticity of demand for oil with respect to gross domestic product is 1.1, i.e. production of 1 per cent more of GDP would require 1.1 per cent additional oil. This is much higher not only than developed countries, but also relative to China, and makes the Indian economy and stock market especially vulnerable to higher energy prices.
Concerns about rising interest rates, corruption scandals and climbing oil prices have prompted many foreign money managers to look elsewhere. These political men that rule this world need to be beheaded for crimes against humanity in our opinion! They are sick and evil people. Planning the death of millions world wide just to make more money and have more power is insane!
“The Stock market WILL Crash” because the gangsters want it too! Of course no one but the insiders know the exact time, date, and level it will happen… but it’s coming, and soon! Whether it is days away or weeks is unknown? The market is slowly dying, and we really don’t think the stock market gangsters could hold it up too much longer, even if they wanted too (which of course they don’t)!!!!
Surely overall the bulls have been brutally butchered by bears in last two months of 2011, by bringing down nifty fut from 6209 to 5156 levels, crash of 17% from highs!! But the insanity continues day in and day out, as the bulls just keep on goring the bears with one thrust after another from down levels. This has been a very frustrating time for bears, as every sell off gets bought back up after few days down it seems. By the time the retail unknown bears get short, the sell off is already over. The plan is simple really… just repeated squeeze all the bears until the last bear is broke, and then crash the market! So, are all the bears broke yet? So for all daily or short term traders, the simple strategy to make money out of this market is to trade bi-directionally rathet than waiting for unidirectional move. We will be in and out of our shorts many times on the way down, as we certainly don’t want to get caught in a short squeeze. For positional traders, the market seems to be on bearside, so any uprise or bullride must be taken as a good opportunity to exit longs & get short. Bulls wont be saved for a longer time frame. There “will be” a “news event” or false flag that will cause the crash. To get a glimpse of whats going to happen next, you have too think about this from the manipulators point of view.The market last week was enough to make both bulls and bears alike “sick too death”. When is enough… “enough”? There probably isn’t any retail traders left in this market as it’s clearly driven by computer bots trading against each other with our money of course. No one can make money in this kind of crappy market, except maybe the day traders who are knowing the news and only the really good one’s at that who are well aware of all insider facts.
Talking about the current market situation, bulls have a resistance zone of 5635-5768 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. From the highs of above given resistance zone , we will witness the weakening of bulls. Consecutive close & sustain below 5448 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 last week. They teased the bear by acting like they were going to let him have fun, but squeezed him and so now bears are trying to take their revenge in a brutal manner.
Nifty Future Weekly levels
- Resistance - 5635-5694-5742-5768
- Support - 5448-5372-5280-5165
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Stocks for the week
- OMDC
- Shirpur Gold Refinery
- Dabur India
- SREI Infra
- ZEE Learn
- GEI Industrial System
- Henkel India
- Gravita India
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