Market outlook for the week 17-21December

Our bad habit of predicting accurate market levels & direction, making all our members enjoy money rain even in this highly deceptive & volatile market. Hope all of you must have enjoyed our magical resistance level of 6014 and support-5840 last week. CLICK HERE TO READ IT & JUDGE ACCURACY.  Whole week nifty fut traded in same range & made high-6002.8 low 5865. 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.

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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!  But, we all know that the gangsters manipulate this market to steal our money and trick us at every corner. So… expect the unexpected! 

Current market movement is a clear example of manipulation, as without any specific reasons the markets are crashing down & recovering on the same day & vice versa.  All this monopoly money that the crooks are printing has changed the stock market game dramatically. The goal seems to be to get in as much naive public retail money as possible. Crooks 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!! The retail traders don’t stand a chance in this rigged game. 

For the week starting from 17December, Nifty fut will face resistance at 5948 level, if market maintains to cross and sustain above this level then we can expect the bulls to once again gear up easily for a new ride, and taking Nifty fut to higher levels of 5988-6014-6072. For major upside move one must concentrate on the closing above the short term resistance level 6014. Last week it had already failed to cross 6014 level on higher side & also maintain to hold the lower support 5840, so bulls & bears are having a tough fight in this range to take the charge. Markets are trading on highly manipulative conditions, so all traders must stay cautious & must hedge all their long/short positions in order to save their hard earned money from these crooks. However, in case Nifty fut is unable to cross n close above the resistance levels, then on lower side we have support at 5840 level, if this level is breached and sustained then expect bears to attack decisively and try to take charge over bears, and will make Nifty fut slide down to lower levels of 5802-5772-5745. Any consecutive close below 5840 level will be energy booster for bears and bulls might loose grip over the market. Decisive break/close below 5840 will make bears rule the market and will try to make the whole scenario turned into highly bearish for a while.. The week will witness some action packed fight between bulls & bears to take the charge. In the current markets one must be trading with the levels, and not the sentiments, as market is highly volatile and make traders hit stop loss on both longs and shorts. The best way to deal in this market is to respect the levels & trade bi-directionally rather than to wait for unidirectional gain in speculation. 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: 5948-5988-6014-6072

Support: 5840-5802-5772-5745

 

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