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 5755 and sup-5580 last week. Also our weekly stocks of Selan Explo. (298 to 347), Shriram transport (654 to 590.8), BASF (623 to 678) , Patni (324 to 347), Brigade (71.9 to 77.8) etc etc gave profits in truckload in few days. Whole India comes up shouting about the levels & trades given by us, after they are posted here on our blog. Read below mentioned posts, and judge yourself- CLICK HERE TO SEE
In our weekly view we clearly wrote-
"The bears still have hope as long as the bulls don’t breakthrough the resistance 5718-5755… which should be a resistance zone for bulls. That would be the ideal place to get short if they gap the market up tomorrow morning. But if they gap over resistance-5755, they could force a short squeeze from everyone who placed their stops just around there. We think the bears will be well rested and ready to defend that line against a bunch of very tired bulls."
Whole world watched Nifty fut crashing down from flash open high of 5760 to low of 5661, a massive 100point crash from our magical resistance level. All those who follow us & are sincere reader of our blog made handsome profits.
All those who were bullish on higher levels above 5700 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.
The markets made substantial gains during the week and broader markets complemented the upward movement of benchmark indices. The market ended the week on a positive note despite significant losses on last Friday erasing earlier gains cutting the weekly gains to merely half a per cent. All major sectoral indices closed positive, realty being the top performer. The Sensex was up 0.5% and the Nifty gained 0.6% during the week.
Now for the week staring from 11July, our market view & levels remains the same as we had mentioned earlier. For the week, Nifty fut will face resistance at 5755 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 5795-5840-5927+ . For upside move one must concentrate on the closing above the resistance level 5755. However , in case Nifty fut is unable to cross n close above the resistance levels, then on lower side we have support at 5640 level, if this level is breached and sustained then expect bears to attack decisively and try to take charge over bears, and will make Nifty fut slide down to lower levels of 5580-5548-5490. Any consecutive close below 5580 level will be energy booster for bears and bulls might loose grip over the market. Consecutive close below 5580 will make bears rule the market and will try to make the whole scenario turned into highly bearish for a while and will move markets down by 2-3%. The week will witness some action packed fight between bulls & bears to take the charge. In the current markets one must be trading with the levels, and not the sentiments, as market is highly volatile and make traders hit stop loss on both longs and shorts. So One must not jump and do the trades in excitement in current markets, as aggressive trading in current market can lead to unexpected profit/loss. Watchout the markets cautiously and trade with strict discipline and stoploss. Dont try to speculate or time the markets. Simply trade on levels and mint money from both up-down movements of markets.
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.
Stocks for the week
Now for the week staring from 11July, our market view & levels remains the same as we had mentioned earlier. For the week, Nifty fut will face resistance at 5755 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 5795-5840-5927+ . For upside move one must concentrate on the closing above the resistance level 5755. However , in case Nifty fut is unable to cross n close above the resistance levels, then on lower side we have support at 5640 level, if this level is breached and sustained then expect bears to attack decisively and try to take charge over bears, and will make Nifty fut slide down to lower levels of 5580-5548-5490. Any consecutive close below 5580 level will be energy booster for bears and bulls might loose grip over the market. Consecutive close below 5580 will make bears rule the market and will try to make the whole scenario turned into highly bearish for a while and will move markets down by 2-3%. The week will witness some action packed fight between bulls & bears to take the charge. In the current markets one must be trading with the levels, and not the sentiments, as market is highly volatile and make traders hit stop loss on both longs and shorts. So One must not jump and do the trades in excitement in current markets, as aggressive trading in current market can lead to unexpected profit/loss. Watchout the markets cautiously and trade with strict discipline and stoploss. Dont try to speculate or time the markets. Simply trade on levels and mint money from both up-down movements of markets.
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.
Stocks for the week
- Indo Asian fusegear
- Essar Oil
- Bhushan Steel
- Federal bank
- TRF Ltd.
- Educomp
- Commercial Engineers
- HDIL
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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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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