Market Outlook for the week 16-20September

Trading in the stock market is nothing more then gambling, with the added benefit of being able to increase one's odds of winning by piecing together technical analysis, politics, and just good old fashion “gut” feelings and of course manipulation, corruption, lying, stealing, and cheating by the stock market crooks. Every move is planned out months and years in advance. Those who have wisdom, can read our blog & take their own decision for making money & not getting fooled by the manipulators. 

It’s truly sad how many have sold their souls to the dark side for fame and fortune. The market will start to sell off long before the retail trader can even think of it, and then really dump hard after the cocaine addicted market gets its supply cut off and goes into detox!  In commodity market Gold, Silver & Crude  has already shown a sharp movement in last few weeks, and have made the traders confused over the further trend. But looking at global scenario, in long term there is much steam still left in this movement & it will surge up with a roller coaster movement for traders till end of 2013.

There was NO reason......not fundamentally or technically that could explain the sharp moves we had in last few sessions (more specifically it was a dicey move throughout). This was done for one reason....to rob the bears first & then later trap the bulls! Now in terms of unknown retail trader, this market is so rigged that virtually impossible to get a clear direction of where the next trend is going to be? Of course that’s exactly how manipulators planned it… to confuse everyone.

This week the initial trading days will be of more importance, as we can see some dicey action again to create the confusion among retail traders. The current strong looking market can go further higher & then revert back in a flash. After 5965 or 6124… who knows?  If the market gets overbought again for the short term, & then we can expect it to give bears a chance to enjoy.  But calling a top seems almost impossible in this insanely manipulated market. But how can you go long at those higher levels coming soon?  We can’t and won’t.  You’ll lose big time if you do so in options. The monthly positional options will be destroyed with the time decay, even if the market goes up/down as you want it to. It’s a “no win situation” no matter what you do!

So for now, let’s just take it one day at a time. Initial days of this week can be favorable for bulls if they manage to hold above 5965 level, so we are still looking for that blow off top to happen before bears get short again. Bears need to gap this thing down below support 5740, or the bulls are going to stage another massive murder of them. If bulls are able to hold the markets above 5740 level (as this level is a hope for bulls on downside), then surely bulls are having an upper hand. But moving onto the higher side bulls have barrier at 5965 level, if they are able to cross this barrier then they will inch higher upto 6024-6070-6114. Above 5965, Moving on to higher side 6070 will be the next hurdle for bulls, and an extra adrenaline rush would be needed to cross it. Contrary to this bull side, if bears are able to restrict the bulls from marching higher & pull the markets down below 5790, then we can see selling coming in markets & Nifty fut showing levels of 5740-5700-5610, breakbelow 5700 will be an enery booster for bears for yet another mass butchering of bulls & a sharp sell off. However the bears will be having a tough fight with bulls in lower levels around 5740. Bears have to work hard to break the support 5740 on closing basis, in order to save themselves from getting butchered by the bulls once again. A range bound market with roller coaster movement 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..... Read the facts provided for knowledge & use your own wisdom to trade in this market. 

Just a food for thought: Till October expiry we can see unexpected levels in all global equity markets!! Soon whole world can start flashing this news!

 

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