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Sunday, February 26, 2012

Market outlook for the week 27February-2March

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 5624 and sup-5455  last week.  

Last we told market range as 5455-5624, And whole India watched Nifty fut crashing from 5635 level to 5465 levels in a flash. All those who follow us & are sincere reader of our blog made handsome profits.

All those who were bullish on higher levels above 5600 levels, were caught by the bears & were severely punished. Looks like the rats are getting caught in the mouse trap. Maybe the cheese was too sweet to pass up?  Those who missed all the action, Click here to read it & judge yourself.

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


Whats going to happen in markets? Whether bulls or the bears will get the next high dose of Viagra? 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. While the bears aren’t officially dead, they need to make a stand this week or else they will lose the 5624 major resistance level. 
One thing we want to share with every market trader is that don't leverage naked positions in this market, as the first half of 2012 is a part of the game, & the whole movie is still to come. So better trade on levels & trade bi-directionally rather than trading on unidirectional sentiments without stop loss.


For the week starting from 6June, Nifty fut will face resistance at 5572 level, and in order to maintain uptrend and keep hope for bulls alive, it has to close above major hurdle of 5624 level for consecutive days. Once Nifty fut manages to cross 5624, we can see upper levels till levels 5665-5714-5755. However Nifty fut will face good selling pressure on rise and will need good volumes to cross 5624 levels, failing to do so and closing below 5455 levels, it will again slide down to lower levels. On lower side Nifty fut have support at 5480 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 lower levels of 5455-5372-5320. So, the initial trading session of this week will be of greater importance to decide the further movement of markets. Traders must stay cautious and take positions after watching the market scenario. Overall for the markets the narrower range is 5455-5624, and a broader range looks like 5320-5755, however on higher limit of these ranges chances for sudden profit booking will be of high probability. Last day of this week or beginning of next week can show some trigger for markets. On a short term view if manipulators gap over 5624 level they could force a short squeeze from everyone who placed their stops just around the same level. But Don’t fall in the trap of thinking that this market is going up forever and that the uprise coming is the start of a new bull trend… it ain’t happening! This is only one last attempt by the manipulators to get all the bears off the train before it leaves for “Dark Territory”.

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.


Commodity Alert
  • Silver if holds above 56665, then on upside it will face hurdle at 58800-59672-60300
  • Gold if holds above 28400, then next upside move will take it to 28800-28980-29135
  • Crude Oil if holds above 5355, then next upside target-5410-5470-5535
  • Natural gas if holds above 128, then it can move towards 135-144-158

Intraday Calls

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For all trades, keep trailing your stop loss once the stock is above the buying price. Don't take delivery of any intraday call. Avoid spike buying.

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