Our bad habit of predicting accurate market levels & direction, making all our members enjoy money rain even in this highly deceptive & volatile market. Hope all of you must have enjoyed our magical resistance level of 5624 and sup-5510 in last days of week.
In our weekly view we clearly wrote-
"If we bounce any at all, the 5555-5624 zone (can be used for booking long positions & reverting the trade) is now going to be resistance, and would be another good shorting spot. Any further bull action will only come only if markets are able to consecutively close above 5624 level in short term."
And whole India watched Nifty fut crashing from 5608 level to 5510 levels in a flash. All those who follow us & are sincere reader of our blog made handsome profits.
All those who were bullish on higher levels above 5600 levels, were caught by the bears & were severely punished. Looks like the rats are getting caught in the mouse trap. Maybe the cheese was too sweet to pass up?
Those who missed all the action, CLICK HERE & judge our accuracy yourself.
Read the facts provided for knowledge & use your own wisdom to trade in this market.
For the week starting from 6June, Nifty fut will face resistance at 5572 level, and in order to maintain uptrend and keep hope for bulls alive, it has to close above major hurdle of 5624 level for consecutive days. Once Nifty fut manages to cross 5572, we can see upper levels till levels 5624-5660-5714. However Nifty fut will face good selling pressure on rise and will need good volumes to cross 5624 levels, failing to do so and closing below 5510 levels, it will again slide down to lower levels. On lower side Nifty fut have support at 5490 level, if it breaches this level and closes below this then expect some sudden sell off to come and that will take down Nifty fut to lower levels of 5440-5372-5328. So, the initial trading session of this week will be of greater importance to decide the further movement of markets. Traders must stay cautious and take positions after watching the market scenario. Overall for the markets the narrower range is 5440-5624, and a broader range looks like 5290-5714, however on higher limit of these ranges chances for sudden profit booking will be of high probability. Last day of this week or beginning of next week can show some trigger for markets. On a short term view if manipulators gap over 5624 level they could force a short squeeze from everyone who placed their stops just around the same level. But Don’t fall in the trap of thinking that this market is going up forever and that the uprise coming is the start of a new bull trend… it ain’t happening! This is only one last attempt by the manipulators to get all the bears off the train before it leaves for “Dark Territory”.
Those who have wisdom, can read it & take their own decision for making money & not getting fooled by the big fishes of this share market ocean.
For LIVE MARKET CALLS, Click here.
In our weekly view we clearly wrote-
"If we bounce any at all, the 5555-5624 zone (can be used for booking long positions & reverting the trade) is now going to be resistance, and would be another good shorting spot. Any further bull action will only come only if markets are able to consecutively close above 5624 level in short term."
And whole India watched Nifty fut crashing from 5608 level to 5510 levels in a flash. All those who follow us & are sincere reader of our blog made handsome profits.
All those who were bullish on higher levels above 5600 levels, were caught by the bears & were severely punished. Looks like the rats are getting caught in the mouse trap. Maybe the cheese was too sweet to pass up?
Those who missed all the action, CLICK HERE & judge our accuracy yourself.
Read the facts provided for knowledge & use your own wisdom to trade in this market.
For the week starting from 6June, Nifty fut will face resistance at 5572 level, and in order to maintain uptrend and keep hope for bulls alive, it has to close above major hurdle of 5624 level for consecutive days. Once Nifty fut manages to cross 5572, we can see upper levels till levels 5624-5660-5714. However Nifty fut will face good selling pressure on rise and will need good volumes to cross 5624 levels, failing to do so and closing below 5510 levels, it will again slide down to lower levels. On lower side Nifty fut have support at 5490 level, if it breaches this level and closes below this then expect some sudden sell off to come and that will take down Nifty fut to lower levels of 5440-5372-5328. So, the initial trading session of this week will be of greater importance to decide the further movement of markets. Traders must stay cautious and take positions after watching the market scenario. Overall for the markets the narrower range is 5440-5624, and a broader range looks like 5290-5714, however on higher limit of these ranges chances for sudden profit booking will be of high probability. Last day of this week or beginning of next week can show some trigger for markets. On a short term view if manipulators gap over 5624 level they could force a short squeeze from everyone who placed their stops just around the same level. But Don’t fall in the trap of thinking that this market is going up forever and that the uprise coming is the start of a new bull trend… it ain’t happening! This is only one last attempt by the manipulators to get all the bears off the train before it leaves for “Dark Territory”.
Those who have wisdom, can read it & take their own decision for making money & not getting fooled by the big fishes of this share market ocean.
For LIVE MARKET CALLS, Click here.
For live market updates and stock calls, add our yahoo id- eaibsecurities@yahoo.com & Join us on FACEBOOK, CLICK HERE.
Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.
Only accuracy here!!!!
For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303
Note- To Get all calls on mobile through SMS, Join our groups, FULTOOMASTI & EAIB Securities . Join both groups.
Only accuracy here!!!!
For any queries, Contact us at-
E-mail : eaib.securities@gmail.com
Mobile No.: 09935466303
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