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Monday, September 12, 2011

Market outlook for the week 12-16 September


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

There was NO reason......not fundamentally or technically that could explain the move up we had in last few sessions (more specifically it was a roller coaster move throughout). This was done for one reason....to rob the bears first & then later trap the bulls! Its difficult to gamble in the market, as the manipulators can see what you have in your hand. Sounds unfair, sounds crooked, sounds evil, sounds hard too beat...all true, but what can you do about it? Not play the game is the only answer. Maybe that’s why the retail trader just took his money out of the market and isn’t doing any investing? So putting your cash under your mattress seems too be back in style now. Very soon in this 2011 we can see the final manipulative sharp move in equity markets & that will make all retail traders shocked. Also get ready to see unexpected levels in Gold & Silver in coming months.


Now moving forward for coming days, the bears need to gap this thing down below support 4955, or the bulls are going to stage another massive murder of them. If bulls are able to hold the markets above 5190 level, then surely bulls are having an upper hand. But moving onto the higher side bulls have barrier at 5095 level, if they are able to cross this barrier then they will inch higher upto 5154-5190-5280. Contrary to this if bears are able to pull the markets down below 4955 level, then we can see sharp selling coming in markets & Nifty fut showing levels 4914-4870-4805. Break below 4805, next major support only at 4665 level. Bears have to work hard to break the support 4955 , in order to save themselves from getting butchered by the bulls once again.

So all traders must stay cautious and must not leverage positions without proper knowledge of market directions.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. Watch-out the markets cautiously and trade with strict discipline and stop-loss. Don't 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.


Few Stocks for investment for medium to long term
  1. Suashish Diamond
  2. Mirza Inrenational
  3. Gitanjali gems
  4. KS Oils
  5. Liberty Phosphate
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