Market outlook for the week 19-23December

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  4955 and market crash which occurred from 4914 to 4624 levels. Also in commodity our Gold & Lead sell call gave tons of profit.  All sellers njoyed lifetime profits in last few days & bulls were badly trapped in buy positions. Bears showed no mercy towards bulls & badly butchered all bulls. 

Team EAIB providing you all the most accurate market view well in time before anyone else tell it, and making everyone enjoy the money rain. Whole India comes up shouting about the levels & trades given by us, after they are posted here on our blog & FACEBOOK. Those who missed all the action, CLICK HERE to see what we said. Those who follow us, enjoying money rain everyday, all others getting trapped in manipulators dirty game!! Stay tuned with EAIB Securities for more action. 

As the last week witnessed a selling pressure in last days, many retail trader have gone short over the weekend & since the manipulators want to steal those people’s money and not pay them for their puts/short positions, it’s common & wont be surprising to see them run the market higher to make all those trades hit stop loss in initial trading. Does this mean they will run it up & crash again later? We don’t know… but anything is possible!!!! 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 weeks.

So traders with no knowledge of market direction & with no proper advisory, must not do trades.....as they will end up in loss at the end due to lack of trading strategy!! So we gamble in this casino game called the stock market, thinking that’s it’s not actually gambling because we can use some form of technical analysis to logically predict where the market is going.......only to realize that the market doesn’t operate on logic & technicals, but instead it operates with the sole purpose of taking your money!!

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

For the week starting from 19December, Nifty fut will face resistance at 4735 level, and in order to maintain uptrend and keep hope for bulls alive, it has to cross & close above this level for consecutive days. This week will be divided in two parts for bears & bulls, showing action one by one. Once Nifty fut manages to sustain /close above this level 4735, we can see upper levels till 4772-4840-4935 levels. However Nifty fut will face good selling pressure on rise and will need good volumes to cross 4840 levels, failing to do so and closing below 4605 levels, it will again slide down to lower levels. On lower side Nifty fut have support at 4605 level, if it breaches this level and closes below this then expect some sudden sell off to come and that will take down Nifty fut to much lower levels of 4540-4480-4400. Any consecutive close below the mark of 4600 will create panic once again in markets. So, the initial trading sessions of this week will be of greater importance to decide the further movement of markets. On lower side 4600-4540 is support zone & last hope for bulls to remain in this markets. Immediate range for the markets look like 4540-4840 & a broader range looks like 4400-4955. All the flash crashes in intraday in past few days show you how vulnerable the market really is. One surprise false flag event, or some other major default, would crash this market in a heartbeat! So be on your toes, as when it falls, it will be fast and hard...as you all have seen in past trading days!! Last days of week seems to show some next trigger for markets. Stay tuned with us.

Be prepared for some wild swings, and don’t get married to your shorts/long trades. Exit with a profit, and don’t wait for “the big one”, as you’ll likely be whipped out before it happens.  

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

 

Nifty future weekly levels

• Resistance - 4735-4772-4840-4935
• Support      - 4605-4540-4480-4400

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