Market outlook for the week 4-8February

Yes, as it was foretold by us, so it shall be. Once we mention the levels & news here on our blog...whole India comes up shouting about those levels & same market trend....so stay tuned with Team EAIB to get everything well in time!! What happened last week was timely, clearly & boldly told by us. Last week everyone watched how nifty fut failed to decisively cross 6135 & nor breaching 6010 on closing basis, & traded in the same range whole week as told by us in our weekly outlook.Also our commodity trades made all readers enjoy money rain

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. 

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. Those who have wisdom, can read our blog & take their own decision for making money & not getting fooled by the manipulators. 

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 our support level of 6010 & again went down from given resistance level of 6135. 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 crooks.... it seems to us that the current market move is a constructed and engineered effort by the crooks 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 crooks 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.

 

 

Bullish first days of week again? Yes, it’s possible.....we know us bears can’t seem to believe that the market could go higher, but it can. The Bulls own this tape right now, and the ball is in their hands. But this week will be a battle between the two, as they try to squeeze out both sides before either of the two takes charge completely. When all the bulls see all this chopping action as weakness, they all pile on short on lower levels and this will be the fuel needed for short squeeze. So you can expect some wild swings to shake out the bears and squeeze the bulls to happen before the final weekly close.  For this week, Nifty fut will face resistance at 6135 level, and in order to maintain uptrend and keep hope for bulls alive, it has to decisively cross/close above this level for consecutive days. Once Nifty fut manages to sustain & close above this level, we can see upper levels till 6190-6227-6310+ levels. However Nifty fut will face good selling pressure on rise and will need good volumes to cross 6135-6227 levels, failing to do so and closing below 6010 levels, it will again slide down to lower levels. On lower side Nifty fut have support at 6010 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 5972-5914-5890-5840. Any close below the mark of 5914 will create panic once again in markets.  Traders must stay cautious on higher sides till 6227 level and take positions after watching the market scenario thoroughly. One must not jump and do the trades in excitement in current markets, as aggressive trading in current market can lead to unexpected profit/loss. Watchout the markets cautiously and trade with strict discipline and stoploss. Dont try to speculate or time the markets. Simply trade on levels and mint money from both up-down movements of markets.

 

 

Weekly Nifty fut Levels

Resistance: 6135-6190-6227-6310

Support: 6010-5972-5914-5890

 

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