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Sunday, March 10, 2013

Market Outlook for the week 11-15March

What we said Last week???? CLICK HERE TO RECALL.....  we hope you all are aware of what happened last week!!!! Nifty fut traded in same trend whole week. It made low of  5678 level but not able to breach the support of 5648 & as a result spiked up sharply to make weekly high of 5981.5. We told all our readers that manipulators will slide a bit & then will inch higher later in the week & the same happened.  All our followers minted money in truckload by trading bidirectionally with levels, all other retail traders were trapped badly through deceptive movement in last week! Also our stock trades & commodity market trades rocked the market & provided massive gains to all the traders following us. Stay tuned with EAIB Securities for more action.


In market outlook for last week we had mentioned a point twice, you people might have read that, once again providing it for you all-

Right now, we think there are a lot of new retail bulls in the market from sharp upside in last few sessions, which was simply panic buying from the “unknown” situation in the news. 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.  Be prepared for some wild swings, and don’t get married to your shorts/long trades. Exit with a profit, and don’t wait for “the big one”, as you’ll likely be whipped out before it happens.

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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Now moving forward for coming days, the bears need to gap this thing down below support 5935-5885, or the bulls are going to stage another massive murder of them. If bulls are able to hold the markets above 5885 level (as this level is the hope for bulls on downside), then surely bulls can gain strength once again. But moving onto the higher side bulls have barrier at 5995-6024 level, if they are able to cross this barrier then they will inch higher up to 6065-6090-6140. Above 5995, Moving on to higher side 6065 will be the next hurdle for bulls, and an extra adrenaline rush would be needed to cross it & in case it is crossed then bulls will straight away take it to 6140+. Contrary to this bull side, if bears are able to restrict the bulls from marching higher & pull the markets down below 5935, then we can see selling coming in markets & Nifty fut showing levels of 5885-5824-5772, break below 5885 will be an energy booster for bears for yet another mass butchering of bulls.. However the bears will be having a tough fight with bulls in lower levels around 5885. Bears have to work hard to break the support 5885 on closing basis, in order to save themselves from getting butchered by the bulls once again. Overall immediate range for the markets for this week looks like 5885-6065, & a broader range of 5772-6140. All upside above 5995 (if comes)  in markets is the “offloading zone” for bull positions for some time, we believe. A range bound market 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..... Last week low of 5678 is now a short term support for all bulls & this level is the magic figure for upcoming market action!!

In market outlook for last week we had mentioned a point twice, you people might have read that, once again providing it for you all-

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

 

Weekly Nifty fut Levels
Resistance: 5995-6065-6090-6140
Support: 5935-5885-5824-5772
 
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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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