Team EAIB always provides authentic
& highly accurate market view to all of you, and those who follow
us mint money in tons. Those who are new to this blog, read the
following few posts to judge the accuracy & power of Team EAIB.-
Current
market movement is a clear example of manipulation, as without any
specific reasons the markets are crashing down & recovering on the same day & vice versa. Indian Markets are falling like pack of cards. All this
monopoly money that the crooks are printing has changed the stock
market game dramatically. The retail traders don’t stand a chance in
this rigged game. We have no doubt that we are still within spitting
distance of a big dump in the market this year, but it seems that it can drink a
few more beers before it pukes it's guts out. This market is seriously
drunk now. Read the facts provided for knowledge & use your own
wisdom to trade in this market.
The goal seems to be to get in as much naive public retail money as
possible. Crooks 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.
Now for this week, the overall week COULD be a range bound with
positive bias. We know that seems strange to say, but after such a large
move down there is usually a bounce…..even if it’s only a small
bounce. Riding the bull takes guts, as he can throw you at anytime. This process of slowly pulling the band-aid off the wound is
more painful, and will do more damage, then to just pull it off
quickly. Think like gangsters, and you’ll figure out that most amateurs
went short on lower levels around 4900, thinking a crash is coming. So
what would you do to steal there money? We would gap it up a while and
create a short squeeze. The first two days of the week could be
positive to squeeze the bears...we can see some major trigger on last
two days of the week. Overall sentiment of the market for short term is
looking scary with many geopolitical news on board. 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!!
For the week starting from 14May, Nifty fut will face resistance at 4984 level, if market maintains to cross and sustain above this level
then we can expect the bulls to once again gear up easily for a new
ride, and taking Nifty fut to higher levels of 5034-5072-5135 . For
upside move one must concentrate on the closing above the resistance
level 5072. Last week it had already closed below 4980 level, so bears are having an edge over bulls. Markets are trading on highly manipulative 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. However , in case Nifty fut is unable to cross n close above
the resistance levels, then on lower side we have support at 4880
level, if this level is breached and sustained then expect bears to
attack decisively and try to take charge over bears, and will make Nifty
fut slide down to lower levels of 4824-4755-4650. Any consecutive
close below 4880 level will be energy booster for bears and bulls might
loose grip over the market. Consecutive close below 4880 will make
bears rule the market and will try to make the whole scenario turned
into highly bearish for a while..
The week will witness some action packed fight between bulls &
bears to take the charge. In the current markets one must be trading
with the levels, and not the sentiments, as market is highly volatile
and make traders hit stop loss on both longs and shorts. 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. 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.
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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