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Sunday, August 7, 2011

Market outlook for the week 8-12August

We hope all of you must have read the post done by us on 31December'2010, which stated that-
"....Bulls will get energy booster only above 6135 level...and this dose of viagra can take them to 6195+ levels....but this upside can be the final top for bulls...."

Again on first post of 2011, on 3january we wrote-
"As the new year rings in, many traders are probably thinking that the worst is behind them and that this new year will be better then the last one. They can be proved Wrong by the stock market manipulators! These manipulators have some serious plans for this year....and if the sources are to be believed...the plans will create panic in the market in the form of major news break......."

At that point of time on new year eve almost everyone was bullish & expecting 6500-7200 levels, but it was only Team EAIB who told you all that 2011 will be a bear year & market will crash. Now whole world watched Nifty crashing from 6200 to 5100 levels till now & more action yet to come.

Also In our market view for last week we clearly wrote-
".....thinking like a Dalal Street crooks here....they must take markets above 5538 level to squeeze out all the bears that went short on downside, and then tank it afterwards. This would trap a lot of retail bulls expecting provide the next rally up, and not allow any bears to get short in a great spot....."

Last week Nifty fut crahsed from 5557 to 5114 levels, exactly the way we told all of you (crossing 5538 & tanking later). All bulls brutally butchered by bears & wounded bulls have joined bear party now. What we say..happens for sure!! All those who are following our blog must be well aware of this fact. Every time we are informing you all about the market movement well in time & much before anyone else.


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


Last week was a wildcard week anyway, as most people thought it would be a flat to positive week. We are sure there weren’t many bears that were short the market, and that’s exactly how manipulators planned it. The lucky ones that were short, and did profit from it, probably closed their positions out too early as they too were shocked that we actually sold off as much as we did. Retail trader who was unaware of market direction was trapped on both sides. That is what the market is doing to most traders right now. It’s no secret of course, as that’s what “The Powers That Be” are trying to do... confuse both the bulls and bears, while secretly stealing their money. Well, We guess that’s why us sheep are still sheep and not wolves, because manipulators seem to pull these little tricks when not many are expecting it.


For the week starting from 8August, Nifty fut is having support at 5110 level. If bears are able to close the markets consecutively below 5110 level, then everyone must get ready for some sharp downside action in the markets. Once this level is breached and sustained then we can see lower levels of 5050-4972-4890. As we have mentioned in earlier market views also, that 5255 level is an intermediate resistance for the bulls, Nifty fut will face resistance around 5255, if able to cross & sustain above this then we can expect higher levels of 5318-5348-5440 . For short term the bulls have major resistance zone 5348-5440. Looking at the current scenario, Nifty fut have a support zone 5050-5110, so traders must stay cautious around these lower levels. Till markets are sustaining above 5050 level on closing basis, bulls will regain their strength to give a tough fight to bears. Bears will have a party time once again only if the markets give consecutive closing below 5050 level. Immediate range looks like 5050-5318 & a broader range can be 4890-5440. Stay cautious on any upside in markets. 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 August expiry we may see some steep movements in markets and markets may show some clear one side direction. Traders are advised to hedge all the positions accordingly, and don't trade blindly without judging the market movement. Read the facts provided for knowledge & use your own wisdom to trade in this market .

Concluding the whole market view, we can say that major triggers for the Nifty fut for this week are 5050 on lower side and 5348-5440 on upper side, breaking on eitherside will lead momentum in Nifty in that direction. Any major movement in markets will come only after, breaking the range of 5050-5440 on consecutive closing basis. In current scenario the bulls have joined the bear party, and this signal is always bullish. Remember one thing "The best time to buy is when bulls go short & best time to sell is when bears go long." In short term the downside now seems to be capped (till support zone 5110-5050 is not breaked) & manipulators will try to re-energise the bulls for a fresh upside after a mild downside. 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.

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

Once again warning you all that in next few months, we will see a sharp oneside move in markets & surely it will surprise all the retail traders. To know the direction & trades according to it, join our SURESHOT SERVICE today. Dont miss this golden opportunity to njoy money rain in Equity & commodity markets. Join us fast today & get the trades.



Stocks for the week
  • GSFC
  • Voltas
  • Provestment services
  • Usha Martin
  • MTNL
  • Shriram Transport
  • ABM Knowledge
  • Opto Circuits
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