Last week we clearly told everyone-
"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....."
And whole India watched Nifty fut not crossing 5155 & after breaking the support 5050 it crasheddddddd to 4805 levels in short period of time. A massive crash from 5148 to 4805 levels, all bulls were brutally butchered by bears. Those who follow Team EAIB made tons of money in short positions & all other bulls trapped badly in long positions.
"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....."
And whole India watched Nifty fut not crossing 5155 & after breaking the support 5050 it crasheddddddd to 4805 levels in short period of time. A massive crash from 5148 to 4805 levels, all bulls were brutally butchered by bears. Those who follow Team EAIB made tons of money in short positions & all other bulls trapped badly in long positions.
Nifty fut support zone 4770-4795, bears can take a breather in this range. Decisive breakout below this level will provide an energy booster for bears to kill bulls once again & reach. Nifty fut if not breaks 4770-4795 support zone , then bulls might try their luck for a mild bounceback till 4856-4880-4935+ in short term. Crossover above 4935 will open doors for fresh buying which can take markets to 5014-5155 levels.
Commodity Alert
For latest LIVE MARKET UPDATE , click here.
Detailed Market outlook with more information , will be provided in next few hours, Keep visiting this page. Stay tuned with Team EAIB.
Commodity Alert
- Gold if crosses 28040 level decisively or closes above this level, then can rally towards 28347-28900-29665+ . All long position holders must stay cautious & keep booking profits on every rise or keep trailing stoploss.
- Silver can inch higher towards hurdle 67590, decisive crossover above this level will trigger next buying which will take it to 69000-72000+
For latest LIVE MARKET UPDATE , click here.
Detailed Market outlook with more information , will be provided in next few hours, Keep visiting this page. Stay tuned with Team EAIB.
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