Market outlook for the week 27-31August

What we said Last week???? CLICK HERE TO RECALL.....  we hope you all are aware of what happened last week!!!! Nifty fut trading almost with same trend whole week.Nifty fut not breached the support 5320 on lower side & faced hurdle at our resistance level of 5455. Whole week it traded up & down in same range, exhausting bulls & bears both. Not only in Equity & F&O markets..but also in commodity market our trades for Gold, Silver, Crude, Nickel, Natural Gas & Copper rockedddddd all the way...hit targets & gave massive profits to all traders. CLICK HERE to see Commodity trades & View.  All in all massive profits for all our members!!!! Thats the power of market outlook & trades provided by Team EAIB in Equity, Futures & Commodity markets.....we can make you earn in any kind of market with our highly accurate-authentic market view & trading calls. Read our blog daily & Njoy the money rain coming to you.

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

We all know that this market is insanely manipulated and totally disconnected from reality, but those are the facts… and we can’t change them! So, you just have to ask yourself “will we crash first, and then rally back up?”, or is it “more likely that we will go up first and then crash later?” We think the answer is obvious! Read the facts provided for knowledge & use your own wisdom to trade in this market .

Moving ahead for this week we are expecting some controlled sell offs to reset the charts for a more upside. How much… we don’t know? But the chart are worthless in this controlled market. We do see crooks continuing to stretch this volatile rides further, with more pain for the unknown retail trader. We are just not believing this manipulation, but that’s what they want us to do..... so we’ll go broke chasing a top. So again, unless some surprise event (yeah… right! surprise to us sheep only, as the wolves planned it) happens this week, it’s business as usual......... meaning, “screw the bears” and “lead more bulls to the slaughter house”. Just play it safe everyone, as chasing this bull is going to break you if you don’t take a breather and still out from time to time. Riding the bull takes guts, as he can throw you at anytime. 

 

You don’t really think they will take it straight up/down allowing you to make money as a bull/bear do you? Of course not, they will trick you every step of the way.  If you are not short, then we would just wait until the backtest happens then get short. We know… you might be asking “what if it doesn’t do a backtest”? That’s possible, but unlikely when you are trying to make a short term top. Most of the time it will pierce it slightly (to trap bulls into thinking it’s a breakout), and then sell off for awhile. With all the negative news in the world today, we just can’t see another straight up move. But, we all know that the gangsters manipulate this market to steal our money and trick us at every corner. So… expect the unexpected!

For the week starting from 27August, Nifty fut is having support at 5380 level once this level is breached and sustained then we can see lower levels of 5320-5290-5248. For a broader view, Bears will gain strength once the support level of 5320 is taken off decisively on closing basis & this could lead them to show some real panic in markets. However in current scenario the bulls are having upperhand. but as we have mentioned in earlier market views also, that 5455-5490 level is a near term hurdle for the bulls, & Nifty fut will face resistance around 5455-5490, if able to cross & sustain above this then we can expect higher levels of 5514-5555-5640. Consecutive close above 5490, for short term the bulls will be the king of markets. Looking at the current scenario, Nifty fut have a support zone around 5320-5380 so traders must stay cautious around these lower levels. Till markets are sustaining above 5320 level on closing basis, bulls will regain their strength to give a tough fight to bears. Bears will have a party time once again only if the markets give consecutive closing below 5320 level. Trading in this market without any knowledge/advice of market directions can be a losing game all in all, so a good advice is the basic need for minting money from this market. Being an expiry week we may see some steep movements in markets and markets may show some clear one side direction. 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 .

 

Weekly Nifty fut Levels

Resistance: 5455-5490-5514-5555

Support: 5380-5320-5290-5248

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