MARKETS FOR 24TH JULY

ACTUALLY, NO CHANGE HAS OCCURRED IN EUROPE THAT IS DIFFERENT FROM WHAT WAS EXISTING EARLIER. THIS PLANTED NEWS ON EUROPE OR SPAIN IS A WELL COORDINATED PLAN BY THE MONSTER OPERATORS TO BRING DOWN DOW FOR 3 TO 4 DAYS TILL WEDNESDAY OR THURSDAY WITH JUST 1 DAY OF PAUSE IN BETWEEN  TO PULL DOWN REST OF THE WORLD MARKETS DURING THIS WEEK. AFTER
FEEDING A REASONABLE STOP LOSS & MAKING IT TRAIL THE SLIDE, SHORT, SHORT AND ONLY SHORT THE FUTURES AND OUT OF THE MONEY AUGUST CALLS TO BE IN LINE WITH THE OPERATORS ACTION DURING THIS WEEK. DOW WILL BE MADE TO ROLL UP & DOWN BETWEEN 1300 ON THE HIGHER SIDE AND 1200 ON THE LOWER SIDE THUS  ENABLING DOW OPERATORS TO ENJOY EVERY BIT OF ROLLING ACTION BY THE ASIAN WHIPPING BOYS INDUCED BY DOW’S MANIPULATED MOVEMENTS.

NIFTY SPOT WILL BE MADE TO TEST THE SUPPORT LEVELS GIVEN ABOVE IN THE CHART DURING NEXT FEW DAYS BEFORE ANOTHER DEAD CAT BOUNCE AFTER THE EXPIRY. DOW WILL BE BROUGHT DOW BY DOW OPERATORS FOR NEXT 2 TO 3 DAYS TO ENSURE GAP DOWN OPENING IN ASIAN MARKETS GIVING HARDLY ANY CHANCE TO TRADERS  TO MAKE MONEY  IN THE DOWN SLIDING MARKETS AS MOST OF THE FALL MAY COME THROUGH DOW OPERATORS INDUCED GAP DOWN GIVING VERY LIMITED INTRADAY MOVE AFTER THE GAP DOWN. DOW OPERATORS HAVE DUEL AIM OF SWINDLING EUROPEAN MARKETS FIRST FOLLOWED BY CHANGE OF GEAR TO SWINDLE ASIAN MARKETS IN THE MORNING.

AS LONG AS SPOT NIFTY IS UNABLE TO ENTER THE GAP HIGH OF MONDAY TO SUSTAIN ABOVE 5166 SPOT, RUTHLESS SHORTING IS THE ONLY SOLUTION . ONE MAY EVEN IGNORE LEVELS AND ONLY INSIST ON SHORTING EVERY INTRADAY RISE FY HAVING TRAILING STOP LOSS. HAVING BREACHED THE 38.2% FIBO LEVEL OF 5127, SPOT NIFTY WILL STRAIGHT DIVE FOR THE 50% LEVEL OF 5060 FOLLOWED BY  THE CRITICAL 4990 SPOT LEVELS WHICH IS THE 61.8% FIBO RETRACEMENT LEVEL  COUNTED FROM THE SWING LOW OF 4770 TILL SWING HIGH OF 5348.

Source:QueensTrade