MARKETS FOR 25TH JULY

THERE IS NO CHANGE TO OUR VIEW EXPRESSED ON THE MARKETS THAT WAS GIVEN  FOR  24TH JULY BELOW.  AS LONG AS SPOT NIFTY CONTINUES TO STAY BELOW THE MONDAYS OPENING GAP HIGH OF 5164, EVERY APPROACH OF SPOT NIFTY TOWARDS THIS GAP HIGH OR EVEN TOWARDS TUESDAYS HIGH OF 5145 TO 5150 SPOT NIFTY LEVELS  MAY BE RUTHLESSLY SHORTED
WITH A TIGHT STOP LOSS FOR GOOD INTRADAY GAINS. BE ABSOLUTELY SURE DOW WILL BE MADE TO FALL FOR A FEW MORE DAYS  TAKING THE ASIAN MARKETS WITH IT TO GET DROWNED. SO, USE EVERY INTRADAY RISE TO SHORT & ONLY SHORT FOR GOOD INTRADAY GAINS.

MOST OF THE PRICE MOVEMENT WILL BE THROUGH GAP DOWN OR GAP UP AND TRADERS MAY NOT HAVE ANY OPPORTUNITY TO GET EVEN 25 TO 30 NIFTY POINTS. THE HIGHER CLOSING OF NIFTY ON TUESDAY MAY BE  A WELL LAID OUT BULL TRAP FOR THE INDIAN BULLS  WHO THOUGHT DOW MAY RISE ON TUESDAY NIGHT TO GIVE A GOOD RISE TO INDIAN MARKETS ON WEDNESDAY  &  BOLDLY CARRIED  OVERNIGHT LONG POSITIONS. HAVING BREACHED THE CRITICAL 5127 FIBO 38.2% LEVELS,  NIFTY SPOT WILL BE MADE TO TEST THE 50% LEVEL OF 5060 VERY SOON  AND IF DOW OPERATORS ARE ADAMANT THEN ONE MAY EVEN SEE THE 61.8% FIBO RETRACEMENT LEVEL OF 4990 SPOT, WHICH WILL BE USED BY DOW OPERATORS AS THE  MOPPING UP OPERATION TO FLUSH OUT BALANCE OF WEAKER BULLS WHO HAD THE GUTS  TO HOLD ON EVEN AFTER 5060 GETS BREACHED.

SO, WAIT FOR AN INTRADAY RISE AFTER THE GAP DOWN OPEN TO RESUME THE SHORTING BUSINESS FOR GOOD INTRADAY GAINS. OPTION WRITERS MUST USE THE INTRADAY BOUNCE TO  BE BOLD & BRUTAL IN SHORTING 5200 JULY CALLS AS THE WAY OPERATORS ARE MANIPULATING THE MARKETS, THERE IS EVERY POSSIBILITY THAT THE OPERATORS WILL HAVE THE EXPIRY CLOSING AROUND OR EVEN BELOW THE 5100 MARK. REMEMBER DOW  WHICH IS NOW AROUND  12650 HAS TO CROSS 13000 LEVELS FOR ANY CONFIRMED UP MOVE AND A FALL TO CLOSE BELOW 12400 MAY SEE A FREE FALL IN DOW.   DOW WHICH IS AROUND 90 POINTS DOWN AFTER 1 HOUR OF OPENING ON TUESDAY,  MOST LIKELY WILL CHANGE GEARS AFTER CLOSURE OF EUROPEAN MARKETS & MAKE FULL USE OF ITS FUTURES ON WEDNESDAY MORNING TO TRAP ASIAN WHIPPING BOYS.