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Sunday, April 17, 2011

Market outlook for the week 18-22April

Once again Team EAIB saved all its readers from getting trapped in the manipulator's plan. We told you all last week that manipulators will energize the bulls & will bounce back after taking the markets lower down to around 5740 levels. Last week whole world watched Nifty fut crashing down to 5750 in initial days of week & then rallying higher to 5948 levels but not crossing our resistance 5968 decisively...... & then crashing down sharply again to 5820 on Friday . So on both sides our readers minted massive amount of money & enjoyed the bull-ride & bear attack both!! Thats the power of market outlook provided by Team EAIB.....we can make you earn in any kind of market with our highly accurate-authentic market view & trading calls.

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 -
CLICK HERE TO READ.


Read the facts provided for knowledge & use your own wisdom to trade in this market .

This market is absolutely manipulated and is the play ground of manipulators & crooks.... it seems to us that the current market move is a constructed and engineered effort by the manipulators to create frenzy of buying. The goal seems to be to get in as much naive public retail money as possible. Manipulators create false buying to trap the sheeps (retail traders) & then buy tanking the markets later they create money bi-directionally & sheeps who are unaware of the game plan lose money on both side trades!! For us sheep though, we want to know when that is… so we can get short ahead of them! However, only the insiders are given that information, so we’ll just have to keep on guessing for now.

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.



For the week starting from 18April, Nifty fut will face resistance at 5888 level, if market maintains to cross and sustain above this level then we can expect the bulls to once again gear up easily for a new ride, and taking Nifty fut to higher levels of 5935-5994-6024 . For upside move one must concentrate on the closing above the resistance level given above. If bulls manage to cross 6024 this time, then bulls will get an extra dose of Viagra & we can see some more sharp upside in markets in coming days. However , in case Nifty fut is unable to cross n close above the resistance level given above, then on lower side we have support at 5770level, if this level is breached and sustained then expect bears to attack decisively and try to take charge over bulls, and will make Nifty fut slide down to lower levels of 5740-5665-5614. Any close below 5740 level will be energy booster for bears and bulls might loose grip over the market. Consecutive close below 5740 will make bears rule the market and will try to make the whole scenario turned into bearish for a while. The week will witness some action packed fight between bulls & bears to take the charge.
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
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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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