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Sunday, January 29, 2012

Market outlook for the week 30January-3February

Those who were searching here & there, about the reason why market surged up so sharply...just click here & read the whole post. We always say, don't be a bull or a bear, go with the trend & experience the joy of success. Even in this highly volatile market, 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 & multiply your wealth.
Few of the highlights of last week are as follows:
  • Nifty fut not breaking support 4980, inched higher to hit our higher level of 5205 level.
  • Positional call of Escorts from 76.4 to 86.5, hitting all our tgts & giving more than 13% gains.
  • Gold after sliding down to 27170 but not able to sustain below 27200 & then sky rocketed to 28080 level.
  • Natural Gas after crossing 117, went up to 136, hitting all our higher tgts. 
  • Silver holding above 51940 support went up with an xtra dose of adrenaline to hit high 57450
  • Copper trading in our range 407-435.
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 PREMIUM SERVICES. Join us fast today to enjoy money rain in coming days.

Now in terms of unknown retail trader, this market is so rigged that virtually impossible to get a clear direction of where the next trend is going to be? Of course that’s exactly how manipulators planned it… to confuse everyone. Those who have wisdom, can read our blog & take their own decision for making money & not getting fooled by the manipulators.

In last few weeks we have seen market showing highly deceptive moves & a roller coaster movement. All retail traders who was unknown or was not having any good advisor, were unable to catch the direction of the market & 90% traders got stop loss triggered on both sides. Moving ahead for this week we are expecting some more dicey moves to reset the charts. How much........ we don’t know? But the charts are worthless in this controlled market. We do see manipulators continuing to stretch the dicey ride further, with more pain for the traders. We are just not believing this manipulation, but that’s what they want us to do.........so we will go broke chasing a top. So again, unless some surprise event happens this week, it’s business as usual.......meaning, “screw the bears” and “lead more bulls to the slaughter house”. Just play it safe everyone, as chasing this bull is going to break you if you don’t take a breather and still out from time to time. Riding the bull takes guts, as he can throw you at anytime.

This week the initial trading days will be of more importance, as we can see some dicey action again to create the confusion among retail traders. The current strong looking market can go further higher & then revert back in a flash. After 5254 or 5455… who knows?  If the market gets overbought again for the short term, & then we can expect it to give bears a chance to enjoy.  But calling a top seems almost impossible in this insanely manipulated market. But how can you go long at those higher levels coming soon?  We can’t and won’t.  You’ll lose big time if you do so in options. The monthly positional options will be destroyed with the time decay, even if the market goes up/down as you want it to. It’s a “no win situation” no matter what you do!
So for now, let’s just take it one day at a time.  Initial days of this week can be favorable to bulls if they manage to hold above 5254 level, so we are still looking for that blow off top to happen before bears get short again. If we get that big move up early in the week, then it could sell off into the later days of the week.   We know we are close to a short term top, but we can’t pick it exactly. These coming few weeks could be few of those weeks that puts in a final top followed by a sharp bear action, as we never know what bad news they could release over the weekend? Remember, most crashes are on Friday and Monday...... just food for thought. 
Moving on to this week, markets are trading above 5200 mark, & if bulls decisively cross/close above 5254 level then a lot of stop loss for shorts will hit and all bears will run to cover their shorts. This short covering can take markets to higher levels 5314-5386-5455. However 5254 will be hurdle for bulls for moving up. In the meantime if bears are able to stop the bull ride from crossing resistance zone, then it could be party time for bears. Support for bulls exist at 5170-5127 level, if this is breached then we can see nifty fut sliding down to 5090-4980-4910 & more. For this week the immediate range look like 5090-5254 (Broader range 4910-5455), with bear attack expected on higher levels, breakout of this range on closing basis will decide the further direction & movement of the markets. Markets are trading with highly volatile conditions, & all up rise is manipulated, so all traders must stay cautious & must hedge all their long/short positions in order to save their hard earned money from these crooks. The bull won’t know what hit him, as the bear is sneaky and will attack from behind. Current market is surely not for low risk traders, as this market wont let them earn & will make them hit stop loss both for long/short positions if he is not having a good advise or knowledge of trades. Manipulators have succeeded in controlling this market every step of the way, and this week will be no different. Your mind is now being programmed to believe whatever lies they want to tell you. The best way to deal in this market is to respect the levels & trade bi-directionally rather than to wait for unidirectional gain in speculation. Don't try to speculate or time the markets. Simply trade on levels and mint money from both up-down movements of markets. Those who have wisdom, can read it & take their own decision for making money & not getting fooled by the big fishes of this share market ocean.

In this February expiry, we will see a sharp one side move in markets & surely it will surprise all the retail traders. After first week of February some unexpected move to start in markets & many global  news outflow will support the direction. To know the direction & trades according to it, stay tuned with Team EAIB. Don't miss this golden opportunity to enjoy money rain in Equity & commodity markets .


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