Market outlook for the week 20-24May

The insanity continues day in and day out, as the bulls just keep on goring the bears with one thrust after another. Last week the market did go down early in the week as we expected, and of course it bounced sharply from lower levels. 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? Traders need not stay updated with Indian & Foreign news event , instead follow the levels & all news outflow will be in accordance to the level. 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 selling to trap the sheeps (retail traders) & then by inching higher the markets later they create money bi-directionally & sheeps who are unaware of the game plan lose money on both side trades!! Unknown retail traders (sheep) see 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!! For us sheep though, we want to know when that is… so we can get buy/short ahead of them! However, only the insiders are given that information, so we’ll just have to keep on guessing for now. 

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.

The current market movement is a golden opportunity for traders to earn money in truckload. Those who are sitting sideways with money , are simply losing the lifetime opportunity for making profits. Members who want to earn handsome profits through our highly accurate & money minting calls, DON'T MISS to join our PREMIUM SERVICES. Join us fast today to enjoy money rain in coming days. 

For the week starting from 20May, Nifty fut will face resistance at 6245-6284 zone, and in order to maintain uptrend and keep hope for bulls alive, it has to cross & close above this level for consecutive days. This week will be divided in two parts for bears & bulls, showing action one by one. Once Nifty fut manages to sustain /close above this level 6284, we can see upper levels till 6314-6365-6440++ levels. However Nifty fut will face good selling pressure on rise and will need good volumes to cross 6284/6365 levels, failing to do so and closing below 6135 levels, it will again slide down to lower levels. On lower side Nifty fut have support at 6135 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 lower levels of 6110-6080-6024. Any consecutive close below the mark of 6024 will create panic once again in markets & will show very sharp slide till 5935-5840 lvls. So, the initial trading sessions of this week will be of greater importance to decide the further movement of markets.  Immediate range for the markets look like 6130-6284 & a broader range looks like 6024-6440. All the flash crashes in intraday in past few days show you how vulnerable the market really is. One surprise false flag event, or some other major default, would crash this market in a heartbeat! So be on your toes, as when it falls, it will be fast and hard...as you all have seen in past trading days!! Last days of week seems to show some next trigger for markets. Stay tuned with us.

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.  

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

Weekly Nifty fut Levels

Resistance: 6284-6314-6365-6440

Support: 6130-6110-6080-6024

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