Daily markets respecting our levels & views,and making all our followers mint money from the market. Silver as predicted by us in January 2011....moved up like a rocket & made high 62800+ .....crude oil as said on 10January 2011, inching higher day by day (Our tgt for 2011 is $124-$150+ ). Many more predictions have been done by us for 2011, so don't miss to read them for saving your hard earned money & getting it multiplied by investing in right direction. Those who are new to this blog, read the following few posts to judge the accuracy & power of Team -
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In last few weeks we have seen market showing highly deceptive moves & a roller coaster movement. All retail traders who was unknown or was not having any good adviser, were unable to catch the direction of the market & 90% traders got stop loss triggered on both sides. Moving ahead for this week we are expecting some controlled sell offs to reset the charts for a more upside. How much… we don’t know? But the chart are worthless in this controlled market. We do see manipulators continuing to stretch this bullride out further, with more pain for the bears. Could be last week of April or even beginning of May before “the big one” starts down. We are just not believing this manipulation, but that’s what they want us to do..... so we’ll go broke chasing a top. So again, unless some surprise event (yeah… right! surprise to us sheep only, as the wolves planned it) happens this week, it’s business as usual......... meaning, “screw the bears” and “lead more bulls to the slaughter house”. Just play it safe everyone, as chasing this bull is going to break you if you don’t take a breather and still out from time to time. Riding the bull takes guts, as he can throw you at anytime.
We recommend all traders to stay cautious in current market, as trading in this market without any knowledge/ advice of market directions can be a losing game all in all, so a good advice is the basic need for minting money from this market. In this week traders must watch the range 5740-5935, breakout of this range will decide the further movement and will show some sharp movement. On lower side if the markets breaks & close below 5740 , one must get alerted for all long positions. However if 5740 level is not breached decisively then markets can bounce back sharply & bulls will butcher bears once again. In this month of April, get ready for a sharp & deceptive moves in markets. A broader range for the markets will be 5614-6024. Better to trade with levels and not with sentiments. The upper-lower limits of range must be used for all long/short positions for this week. Intraday Nifty fut levels will be provided, for more precised market movement, stay tuned with EAIB Securities.
Nifty Future Weekly Levels
- Resistance - 5888-5935-5994-6024
- Support - 5770-5740-5665-5614
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Stocks for the week
- Tulsi Extrusion
- Idea Cellular
- Sterlite Technologies
- Saregama India
- Kanoria Chemicals
- Arvind Ltd.
- PTC India
- Axis Bank
Intraday Calls
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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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