Market outlook for the week 30April-4May

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 njoyed our magical resistance level of 5365 and support levels of 5170. 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 & judge our accuracy yourself. Those who follow us, enjoying money rain everyday, all others getting trapped in manipulators dirty game!! Stay tuned with EAIB Securities for more action.

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

Surely overall the bulls have been brutally butchered by bears in last few months of 2012, by bringing down nifty fut from 5553 to 5156 levels, crash of 7.1% from highs!! But the insanity continues day in and day out, as the bulls just keep on goring the bears with one thrust after another from down levels. This has been a very frustrating time for bears, as every sell off gets bought back up after few days down it seems. By the time the retail unknown bears get short, the sell off is already over. The plan is simple really… just repeated squeeze all the bears until the last bear is broke, and then crash the market! So, are all the bears broke yet? So for all daily or short term traders, the simple strategy to make money out of this market is to trade bi-directionally rather than waiting for unidirectional move. We will be in and out of our shorts many times on the way down, as we certainly don’t want to get caught in a short squeeze.  To get a glimpse of whats going to happen next, you have too think about this from the manipulators point of view. Read the facts provided for knowledge & use your own wisdom to trade in this market.

Talking about the current market situation, bulls have a resistance at 5278 level on upside, & till this level is not crossed on consecutive closing basis, bears will attack decisively over bulls. Time is running out as the bulls are starting to weaken! Soon they will fall over from the poison that they’ve been given. From the highs of above given resistance zone , we will witness the weakening of bulls. Consecutive close & sustain below 5170 will become increasing worse, causing more panic too occur. 

But for this week...Yes folks, the moment of reckoning, (for the bulls at least), is now upon us. The Bears have certainly been having their fun last week. They teased the bulls by acting like they were going to let him have fun, but squeezed him and so now bulls are trying to take their revenge in a brutal manner. All traders get ready for a sharp deceptive action in market from in second week of May & after that in June we will witness a very sharp action in markets which will surprise all the traders. Read the facts provided for knowledge & use your own wisdom to trade in this market.

Now Nifty fut will face resistance at 5278 level, crossing and sustaining above this level will make Nifty fut move forward on upside, and on way to upside it can march till 5335-5398-5455 levels. Look..... there has always been some manipulation in the market, every since it was created. But, this obvious manipulation is absolutely horrible for the market in the long run. It will cause a massive.... and we mean massive sell off from higher levels, when it finally starts! Time for this downside might be a bit late but will effect all retail traders. Its not healthy for the market at all. These manipulators can stretch this upside in the markets to some more higher levels in coming days (taking higher before final sell off will trap the retail bulls & also squeeze the fresh retail bears), but the retail trader must stay cautious. In this volatile sessions, if nifty fut is unable to cross the resistance level, and goes on downside, then it has a support at 5170 level, breaching below this level we can see Nifty fut sliding down to the levels of 5114-5048-4980. On downside now 5170 level is a major support for markets and the day this level is breached on decisively on closing basis....bears will be the king of market!!!! Traders stay cautious from second week May till June expiry, as this time will show deceptive moves & will surprise you all.  Remember, crooks are “the Fox” and we are “the Sheep”! They are trying to steal your money, so don’t believe anything they say.... we certainly don’t. Read the facts provided for knowledge & use your own wisdom to trade in this market. 

Stock Calls

For this week keep eyes on all   

• Tea & Coffee stocks
• Tyre Stocks

For LIVE MARKET CALLS, Click here.
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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