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 5755. Nifty fut made low 5658 ...a one sided downside of almost 100pts!!!! Team
EAIB providing you all the most accurate market view well in time
before anyone else tell it, and making everyone enjoy the money rain. Whole
India comes up shouting about the levels & trades given by us,
after they are posted here on our blog & FACEBOOK. Those who follow us, enjoying money rain everyday, all others getting trapped in manipulators dirty game!! Stay tuned with
EAIB Securities for more action.
Right now, we think there are a lot of new retail bulls in the market
from sharp upside in last few weeks, which was simply panic buying from the “unknown”
situation in the news. 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 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!! For us sheep though,
we want to know when that is… so we can get short ahead of them!
However, only the insiders are given that information, so we’ll just
have to keep on guessing for now. 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.
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? In last few weeks we have seen market showing highly deceptive moves
& a roller coaster movement. All retail traders who was unknown or
was not having any good adviser, were unable to catch the direction of
the market & 90% traders got stop loss triggered on both sides. 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.
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In last few days we have seen some roller coaster rides in markets. On
friday also the bears regained the ball, after
an early fumble in the week. In the end of the week, the bears
took the ball back and regained some of that lost yard by holding below 5700 level & crashing down to 5658. It’s
about time! But
the question arises is that, till
how long the bears will able to hold the ball?? The answer in current
scenario seems to be, VERY LESS TIME if they are not able to break 5585 in early trades!! Till the bulls are able to keep
Nifty fut above 5585 mark on closing basis, bulls will try to regain
the strength & bounce back from lows. But overall, we just
have the feeling that the direction isn’t
going to be straight! Meaning, we are looking for some choppy action in
markets, to lure in some bulls and shakeout some bears. If we get that big move down early in the week, then it could bounce back
into the last days of the week. If it’s weak all week then wait until
Friday to see if it looks ready to roll over.
These coming few weeks could be few of those weeks that puts in a tough fight between bears & bulls for taking complete charge over the markets. We never know what news
they could release over the weekend? Remember, most of the sharp movements (Crash/rally) are on
Friday and Monday...... just food for thought.
The best way deal with this kind of markets is to follow the levels
& trade on both sides of movement, rather than leveraging &
betting unidirectional.
Now moving forward for coming days, the bears need to gap this thing
down below support 5614-5585, or the bulls are going to stage another
massive
murder of them. If bulls are able to hold the markets above 5585 level
(as this level is the hope for bulls on downside),
then surely bulls can gain strength once again. But moving onto the
higher
side bulls have barrier at 5724 level, if they are able to cross this
barrier then they will inch higher up to 5755-5790-5848. Above 5755,
Moving on to
higher side 5848 will be the next hurdle for bulls, and an extra
adrenaline rush would be needed to cross it & in case it is crossed then bulls will straight away take it to 5924+. Contrary to this bull side,
if bears are
able to restrict the bulls from marching higher & pull the markets
down below 5585, then we can see selling coming in markets &
Nifty fut showing levels of 5555-5506-5455, break below 5455 will be an
energy booster for bears for yet another mass butchering of bulls..
However the bears will be
having a tough fight with bulls in lower levels around 5506. Bears have
to
work hard to break the support 5585 on closing basis, in order to save
themselves from getting butchered by the bulls once again. Overall
immediate range for the markets for this week looks like 5585-5790,
& a broader range of 5455-5848. All downside below/around 5506 (if comes)
in
markets is
the “offloading zone” for bear positions we believe. A range bound
market 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.
Weekly Nifty fut Levels
Resistance: 5724-5755-5790-5848
Support: 5585-5555-5506-5455
Stock Calls
For
all trades, keep trailing your stop loss once the stock is above
the buying price. Don't take delivery of any intraday call. Avoid
spike buying.
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