Market outlook for the week 12-16March

What we said Last week???? CLICK HERE TO RECALL.....  we hope you all are aware of what happened last week!!!! Nifty fut trading almost with same trend whole week. Going upto 5428 and then in later days it crashed & fell like pack of cards & made low to around 5200 levels, and once again after making low around 5200 it bounced sharply from there. All our followers minted money in truckload in our short & long positions trading bidirectionally with levels, all other retail traders were butchered brutally through deceptive roller coaster movement in last week!!

Once again Team EAIB warned & saved all our blog readers & followers from getting trapped in the dirty game of manipulators. Stay tuned with us for more such news & timely updates. We believe in showing live performance, rather than keeping past performance to show our accuracy. Read it, Believe it & then trust us!!

This market is absolutely manipulated and is the play ground of manipulators & crooks.... it seems to us that the current market move is a constructed and engineered effort by the manipulators to create frenzy of buying. The goal seems to be to get in as much naive public retail money as possible. Manipulators create false buying to trap the sheeps (retail traders) & then buy tanking the markets later they create money bi-directionally & sheeps who are unaware of the game plan lose money on both side trades!! For us sheep though, we want to know when that is… so we can get short ahead of them! However, only the insiders are given that information, so we’ll just have to keep on guessing for now.

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 controlled sell offs to reset the charts for a more upside. How much… we don’t know? But the chart are worthless in this controlled market. We do see manipulators continuing to stretch this volatile rides further, with more pain for the unknown retail trader. We are just not believing this manipulation, but that’s what they want us to do..... so we’ll go broke chasing a top. So again, unless some surprise event (yeah… right! surprise to us sheep only, as the wolves planned it) 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.

You don’t really think they will take it straight down allowing you to make money as a bear do you? Of course not, they will trick you every step of the way. If you are not short, then we would just wait until the backtest happens then then get short. We know… you might be asking “what if it doesn’t do a backtest”? That’s possible, but unlikely when you are trying to make a short term top. Most of the time it will pierce it slightly (to trap bulls into thinking it’s a breakout), and then sell off for awhile. With all the negative news in the world today, we just can’t see another straight up move. But, we all know that the gangsters manipulate this market to steal our money and trick us at every corner. So… expect the unexpected! Last week it were election results, & this week its Budget....so get ready for some sharp deceptive moves once again!!

 

For the week starting from 12March, Nifty fut is having support at 5320 level once this level is breached and sustained then we can see lower levels of 5284-5190-5127. For a broader view, Bears will gain strength once the support level of 5284 is taken off decisively on closing basis & this could lead them to show some real panic in markets. However in current scenario the bulls are having upperhand. but as we have mentioned in earlier market views also, that 5418-5455 level is a near term hurdle for the bulls, & Nifty fut will face resistance around 5455, if able to cross & sustain above this then we can expect higher levels of 5484-5555-5640 . Consecutive close above 5455, for short term the bulls will be the king of markets. Looking at the current scenario, Nifty fut have a support zone around 5284-5320 so traders must stay cautious around these lower levels. Till markets are sustaining above 5284 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 5284 level. 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. Being an expiry week 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 .

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