Market outlook for the week 7-11May

Once again Team EAIB saved all its readers from getting trapped in the manipulator's plan. We told you all last week that manipulators will energize the bulls & will sell off after taking the markets higher to resistance zone  5278-5335. Last week whole world watched Nifty fut rising higher above 5300 levels in initial days & then crashing down sharply to 5081 on Friday....& today going down to make low of 5001 against our target of 4980 given on Sunday'29April . So on both sides our readers minted massive amount of money & enjoyed the bull ride & bear attack both!! Thats the power of market outlook provided by Team EAIB.....we can make you earn in any kind of market with our highly accurate-authentic market view & trading calls.

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The insanity continues day in and day out, as the bears just keep on goring the bulls with one thrust after another. Last week the market did go up early in the week as we expected, and of course it cracked shaply from our sell off level of 5335. The same old manipulation happened as usual… big surprise for all those who were not aware of this game & also who don't read our blog, right? 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.

At this point it seems that every normally bullish trader is bearish, but not willing to go short until they see the big institutions go short first. Can’t say we blame them, as they’ve seen all the Bulls & bears squeezed into absurdity one by one.... the retail bull buy & markets tanks down...the retail bulls turns bear & sell, & the market surges up.....this is how the manipulators are taking away the money from retail traders of the market!! So now the traders are probably just sitting in cash. Trading without proper advise & knowledge of direction now is like playing a game of Russian Roulette..... you’re only click away from death, just like the market is now. As you pass the gun around, someone is going pull the trigger, and there’s going to be a real bullet in the chamber.

Last week was a wildcard week anyway, as most people thought it would be a flat to positive week. We are sure there weren’t many bears that were short the market, and that’s exactly how manipulators planned it. The lucky ones that were short, and did profit from it, probably closed their positions out too early as they too were shocked that we actually sold off as much as we did. Our members & blog readers were bearish with bull barrier at 5335 on closing basis & enjoyed massive gains in shorts with a down target of 5170-4980, which were almost hit today when Nifty fut made low 5001. Massive gains of 300+ points.

Moving on to this week starting from 7May, Is the slaughtering of the bears last friday & today over yet? Do manipulators have enough steam left for a quick head fake to 5184-5255 area, before the fresh selling starts, or will it be from around 5400+ levels? If we think like the big institutions.....they will decide to take it higher for few days to butcher some more bears, and allow the longs to get out and go short, we suspect that they will squeeze those new shorts by rallying higher. Then, they will sell off the market… after the retail trader bails on his shorts and go long again & getting trapped again… that’s how the big boys play the game. Of course the market has always been controlled to some degree, but when crooks now have an unlimited supply of free money, the control they have now is the highest it’s ever been. 

Bullish Tuesday onwards again? Yes, it’s possible.....we know us bears can’t seem to believe that the market could go higher, but it can. The Bulls own this tape right now, and the ball is in their hands. But this week will be a battle between the two, as they try to squeeze out both sides before either of the two takes charge completely. For this week, Nifty fut will face resistance at 5184 level, and in order to maintain uptrend and keep hope for bulls alive, it has to close above this level for consecutive days. Once Nifty fut manages to sustain & close above this level, we can see upper levels till 5255-5335-5398 levels. However Nifty fut will face good selling pressure on rise and will need good volumes to cross 5335 levels, failing to do so and closing below 4980 levels, it will again slide down to lower levels. On lower side Nifty fut have good support at 4980 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 much lower levels of 4910-4824-4705. Any close below the mark of 4980 will create panic once again in markets.  Traders must stay cautious on higher sides till 5184 level and take positions after watching the market scenario thoroughly. One must not jump and do the trades in excitement in current markets, as aggressive trading in current market can lead to unexpected profit/loss. Watchout the markets cautiously and trade with strict discipline and stoploss. Dont try to speculate or time the markets. Simply trade on levels and mint money from both up-down movements of markets. In short term the downside now seems to be capped tills bulls holding above 4980 level & manipulators will try to re-energise the bulls for a fresh mild upside before going for a downside journey.

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