Market outlook for the week 21-24August

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 enjoyed our magical resistance level of 5428 and sup-5330-5260  last week. Nifty fut inched higher to 5423.8 & crashed down sharply to 5351. Also our positional stocks of Amar Remedies, United Spirits, Canara Bank, & commodity trades on Gold, Crude,Silver etc gave profits in truckload in few days. Whole India comes up shouting about the levels & trades given by us, after they are posted here on our blog. Click on the given link, and judge yourself- CLICK HERE TO SEE. All those who follow us & are sincere reader of our blog made handsome profits. 

In current scenario the bears are seriously wounded right now, as a whole lot of technical resistance levels have been broken. The bulls are in full control, and only if they decide to take a day off and rest.... will the bears regain any ground… and somehow we they will rest if 5490 level is not crossed in coming days!!!! Nothing goes straight up forever.....if it did, then the little guys ( sheeps) would make money and the big boys( manipulators aka wolves) would lose money… which you know isn’t going to happen. The wolves will always trick the sheep into giving their money to them (unwilling of course). This time is NO different!

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

The bears still have hope as long as the bulls don’t breakthrough the resistance 5490… which should be a resistance zone for bulls. That would be the ideal place to get short if they gap the market up. But if they gap over resistance-5490, they could force a short squeeze from everyone who placed their stops just around there. We think the bears will be well rested and ready to defend that line against a bunch of very tired bulls. There are so many things that could happen, it’s hard too figure out what the gangsters are planned next. Even the die hard bears might be sleeping and not see this move coming. We think that the bears are now looking to exit any shorts that they had and are expecting a big bounce from the support area of 5320-5260, that the market is current in right now. We see many people that were bearish... now switching to bullish & remember one thing that these manipulators use these sentiments to take money from us sheeps.

If we think like manipulators mind, we would do another gap down  to get the bears on board once again for another move higher later in the week…same as they did on friday! (crash from 5423 to 5351 & then again bouncing back to 5398 from 5351). This plan will get more bears on board at the bottom, and use them to fuel another short squeeze to get past the overhead resistance zone. This would leave the door open for a pull back this week. Bingo! The perfect evil plan.........To get a glimpse of whats going to happen next, you have too think about this from the manipulators point of view. 

Moving on to this week, markets are trading above 5320 mark, & if bulls decisively cross/close above 5428 level then a lot of stop loss for shorts will hit and all bears will run to cover their shorts. This short covering can take markets to higher levels 5455-5490-5514+. However 5428 will be hurdle for bulls for moving up. In the meantime if bears are able to stop the bull ride from crossing resistance zone, then it could be party time for bears. Support for bulls exist at 5320 level, if this is breached then we can see nifty fut sliding down to 5290-5248-5188 & more. For this week the immediate range look like 5320-5428 (Broader range 5248-5490), with bear attack expected on higher levels, breakout of this range on closing basis will decide the further direction & movement of the markets. Markets are trading with highly volatile 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. The bull won’t know what hit him, as the bear is sneaky and will attack from behind. Current market is surely not for low risk traders, as this market wont let them earn & will make them hit stop loss both for long/short positions if he is not having a good advise or knowledge of trades. Manipulators have succeeded in controlling this market every step of the way, and this week will be no different. Your mind is now being programmed to believe whatever lies they want to tell you. 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. Don't try to speculate or time the markets. Simply trade on levels and mint money from both up-down movements of markets. 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. 

In August-September expiry, we can see a sharp one side move in markets & surely it will surprise all the retail traders. Some unexpected move to start in markets & many global  news outflow will support the direction. To know the direction & trades according to it, stay tuned with Team EAIB. Don't miss this golden opportunity to enjoy money rain in Equity & commodity markets .

Weekly Nifty fut Levels

Resistance: 5428-5455-5490-5514

Support: 5320-5290-5248-5188

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