Market outlook for the week 13-17August

There was NO reason......not fundamentally or technically that could explain the move up we had in last few sessions (more specifically it was a dicey move throughout). This was done for one reason....to rob the bears first & then later trap the bulls!  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 months. Trading in the stock market is nothing more then gambling, with the added benefit of being able to increase one's odds of winning by piecing together technical analysis, politics, and just good old fashion “gut” feelings and of course manipulation, corruption, lying, stealing, and cheating by the stock market crooks. Every move is planned out months and years in advance. Those who have wisdom, can read our blog & take their own decision for making money & not getting fooled by the manipulators

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Whole week the market have shown roller coaster rides in a limited range & confusing the retail trader to take the right decision. You all have to admit that everything has been the opposite of what all the retail traders expected. In coming days also, the manipulators will try to maintain this kind of movement in markets with a new broader range. So you can expect some wild swings to shake out the bulls and squeeze the bears to happen before the final sharp movement takes place. Remember, the gangsters don’t want to have to pay out any money to the option holders..... both calls and puts. Manipulators have the ability to keep markets up for as long as they want to. A range bound market with a broader range, is likely to continue for few weeks. It’s up to us to figure it out of course, but never forget to expect the unexpected..... 

This week, as long as the 5384 level, is not crossed bulls will take some rest & bears will attack decisively to drag down the markets. On the downside journey, support zone exists at 5245-5260, and once this level is breached decisively then expect sharp slide to 5188-5145-5072 levels. As we have told that 5384 is a resistance level, & if this level is crossed then bulls can inch higher upto 5428-5490-5514+ levels, but any upside around & above 5490 will be a resistance zone, for short term & if markets reverts back from there, then we expect that area to stop the rally and then continue the selling for a longer period. We are in a period now where the best thing to do is to book profits in long positions in resistance range (resistance zone can also be used to create fresh positional shorts) as the uprise & bull move will be planned move from manipulators to steal the money by confusing the retail traders. This week should be no different as the roller coaster ride may continue.. If we bounce any at all, then all upside above 5490 is now going to be resistance, and would be another good shorting spot. In short term  any further bull action will only come only if markets are able to consecutively close above 5490 level & immediate upside only after decisive crossover/close above 5384. Best way to trade in these kind of markets is to follow the levels strictly, instead of speculating on the basis of expiry, day closing etc etc. Just think from manipulators point of view, think of it like this, if you tank the market (when no one is expecting it), then you can rally it later, when everyone is looking for a crash to occur.....and steal the masses money of course. 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.  Remember, manipulators 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.

Weekly Nifty fut Levels

Resistance: 5384-5428-5490-5514

Support: 5245-5188-5145-5072

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