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Monday, August 15, 2011

Market outlook for the week 16-19August

In last few days we have seen some roller coaster rides in markets. On friday also the bears regained the ball the last hour of the day, after an early fumble at the open. In the end around closing bell, the bulls took the ball back and regained some of that lost yard by holding above 5050 level. It’s about time! But the question arises is that, till how long the bears will able to hold the ball?? The answer in current scenario seems to be, VERY LESS TIME!! Till the bulls are able to keep Nifty fut above 5050 mark on closing basis, bulls are mightier than bears. But overall, we just have the feeling that the direction isn’t going to be straight! Meaning, we are looking for some choppy action in markets, to lure in some bulls and shakeout some bears.

See what we said last week , and what happened actually. Judge the accuracy yourself. CLICK HERE TO SEE.

Whats going to happen in markets? Whether bulls or the bears will get the next high dose of viagra? No one knows for sure of course, but everything we see now is pointing to some really unexpected movement to come within next couple of months. Trading in the stock market is nothing more then gambling, with the added benefit of being able to increase one's odds of winning by piecing together technical analysis, politics, and just good old fashion “gut” feelings and of course manipulation, corruption, lying, stealing, and cheating by the stock market crooks. Every move is planned out months and years in advance.

Now moving forward for coming days, the bears need to gap this thing down below support 5050, or the bulls are going to stage another massive murder of them. If bulls are able to hold the markets above 5155 level, then surely bulls are having an upper hand. But moving onto the higher side bulls have barrier at 5195 level, if they are able to cross this barrier then they will inch higher upto 5235-5318-5348. Moving on to higher side any rise above 5348 will be resistance zone for bulls, and an extra adrenaline rush to cross it. Contrary to this bull side, if bears are able to restrict the bulls from marching higher & pull the markets down below 5050 level, then we can see selling coming in markets & Nifty fut showing levels of 4972-4890-4770. However the bears will be having a tough fight with bulls in lower range 4972-5050. Bears have to work hard to break the support 5050 on closing basis, in order to save themselves from getting butchered by the bulls once again. Overall immediate range for the markets for this week looks like 5050-5195, & a broader range of 4770-5348. All upside above 5348 in markets is the “offloading zone” we believe. A range bound market is likely to continue for few days. It’s up to us to figure it out of course, but never forget to expect the unexpected..... Read the facts provided for knowledge & use your own wisdom to trade in this market.


The current market movement is a golden opportunity for traders to earn money in truckload. Those who are sitting sideways with money , are simply losing the lifetime opportunity for making profits. Members who want to earn handsome profits through our highly accurate & money minting calls, DON'T MISS to join our SURESHOT SERVICE. Join us fast today to enjoy money rain in coming days.

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