Market Outlook for the week 19-23August

 This is what happened in last few sessions, we need not describe it in words!! 

 In our market outlook for the week 29July-2August, we clearly & boldly wrote that-

"Just a food for thought: After Second week of August we can see some unexpected one side sharp move in market!! "

Our bad habit of predicting accurate market levels & direction, making all our members enjoy money rain even in this highly deceptive & volatile market. Those who follow us, enjoying money rain everyday, all others getting trapped in manipulators dirty game!! Stay tuned with EAIB Securities for more action.

The Bulls are slowly dying but we suspect they will try for one more uprise, before finally rolling over and giving up. Market showing clear signs that the it is doom and will rollover very soon. This whipsaw action is too be expected when the bulls are finally running out of steam. Oil is telling us the real story here, at it’s been rising steadily every day like at 2013 year starting Team EAIB said it would. Soon, oil will reach a level that will be viewed by the market as bad for the recovery......which means a sell off in equities. (Its a view for longer period of time frame) It should back off some, which could happen this week or next week and then push up past it to new highs this year. If it sells off some this week or next week the market could rally a little higher. We still believe we are in a topping period that can’t last too much longer. 

You don’t really think they will take it straight down allowing you to make money as a 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 back test happens then then get short. We know… you might be asking “what if it doesn’t do a back test”? That’s possible!!!! 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! All news are set on timeline as required, everything comes out on a destined time & date, so get ready for some sharp deceptive moves once again!!

Moving on to this week, it could gap up quickly after a mild downside in the beginning to squeeze out new shorts, of last week, but it should turn back down and close flat or lower later on. That’s a big “could”, and not a “will” gap up.....as the market is very deceptive on the short term right now & provided that major support is 5425 which will be a decisive level to watch for any further movement on markets in coming days. 

Nifty fut will face resistance at 5584 level, if this level is crossed with high volumes and Nifty fut is able to sustain above this level, then we can see an upside in nifty till 5660-5698-5784. For every rise till range 5698-5784 is not crossed on closing basis in coming days......we recommend all members not to leverage positions, instead keep booking your longs. So, use every rise for profit booking, and not for leveraging long positions. As the up rise & 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. On the lower side Nifty fut has support at 5425 level, if this level is breached and sustained then we can again see panic selling & nifty touching 5375-5298-5154 levels. Till Nifty fut is trading below the range 5698-5784 bears will continue to attack decisively at every rise. More the time Nifty fut remains below 5698 more the bears will become strong and will try to take charge from higher levels. Bulls need to stay cautious on every rise. Nifty fut immediate range will be 5425-5660 & a broader range could be 5298-5698, breakout of this range on either side can show sharp movements. It’s hard to say for sure what manipulators are thinking, but we are sure their aim is to steal the money from the new retail bulls, and not to allow the bears to profit from the sell off. Read the facts provided for knowledge & use your own wisdom to trade in this market.

Just a food for thought: Deceptive one side move of 400-700pts on Nifty fut in short term!! Time will be updated to Premium Members soon!

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