THE TRUNCATED WEEK ENDING 5TH OCTOBER SAW NIFTY CLOSING AT 5746 COMPARED TO ITS PREVIOUS WEEKS CLOSING OF 5703. THE WEEK ALSO SAW A HIGHER WEEKLY HIGH AND HIGHER WEEKLY LOW FOR NIFTY FUTURES (JUST DO NOT BOTHER FOR WHAT HAD HAPPENED ON FRIDAY 5TH OCTOBER, WHEN NIFTY SPOT WAS PULLED DOWN TILL 4888 BY BIG OPERATORS IN CONNIVANCE WITH THE EXCHANGE AUTHORITIES SIMILAR TO WHAT HAD HAPPENED TO NIFTY EXACTLY FIBONACCI 5 YEARS BEFORE ON 17TH & 18TH OCTOBER 2007. BE ABSOLUTELY SURE THE MANIPULATIVE ACTION OF FRIDAY WAS JUST A TESTER ROUND BEFORE THE ACTUAL BARRAGE IS TO BE FIRED & MORE OF SUCH MARKET MANIPULATION WILL
HAPPEN TO INDIAN STOCK MARKETS IN COMING DAYS , WEEKS & MONTHS & NOTHING WILL HAPPEN TO ANYBODY WHO ARE INVOLVED WITH IT). JUST HAVE YOUR WELL CALCULATED STOP LOSS IN PLACE, NOT ONLY SIT TIGHT AFTER THE STOP LOSS IS TRIGGERED AND SHOUT THAT THE STOP LOSS HAS BEEN TRIGGERED, TRIGGERED BUT BOLDLY REVERSE THE TRADE FOR GREATER GAINS AFTER THE STOP LOSS IS TRIGGERED.
DURING THE COMING DAYS, THE OPENING EVEN THOUGH MAY OR MAY NOT BE IN LINE WITH MOST OF THE ASIAN MARKETS WHICH ARE LIKELY TO SHOW WEAKNESS/STRENGTH DUE THE ACTION OF INTERNATIONAL OPERATOR, INDIAN MARKETS MOSTLY WILL MOVE ON THEIR OWN STEERED BY THEIR OWN SET OF OPERATORS. FINGER COUNTING VOLUME TRADED SGX NIFTY MAY BE SUITABLY MANIPULATED ON MOST OF THE DAYS TO INDUCE A DECEPTIVE OPENING FOR INDIAN MARKETS TO BAFFLE EVERYONE. THERE WILL BE SUDDEN FLUCTUATIONS DURING THE TRADING HOURS ON SOME DAYS THAT WILL MAKE INTRADAY TRADERS THINK WHAT THE HELL HAS HAPPENED TO INDIAN MARKETS. STOP LOSS CLEARANCE WILL VIGOROUS IN NATURE & WILL BE A VERY COMMON OCCURRENCE THAT WILL EVEN BAFFLE THE SEASONED TRADERS ALTHOUGH YOUNG TRADERS WILL GATHER ENOUGH TRAINING & EXPERIENCE IN STOP LOSS CLEARANCE.
FINANCIAL NEWS CHANNELS WILL ADD THEIR AS USUAL QUOTA OF MISERY BY MISGUIDING TRADERS & INVESTORS & INDUCING THEM TO TAKE WRONG DECISIONS. FRAUDULENT FOREIGN RATING AGENCIES WILL UPGRADE / DOWNGRADE STOCKS AT THEIR OWN SWEET WILL TO EITHER INDUCE GENUINE INVESTORS TO BUY STOCKS WHICH THE FRAUDULENT RATING AGENCIES WOULD BE WANTING TO LIQUIDATE OR THE RATINGS WILL BE SO WELL TIMED THAT INVESTORS ARE INDUCED TO LIQUIDATE WHICH WILL BE QUIETLY ACCUMULATED BY THESE FRAUDSTERS. INTERESTINGLY THESE FRAUDULENT RATINGS WILL BE FLASHED TIME & AGAIN BY SOME FINANCIAL CHANNELS TO TRAP INNOCENT INVESTORS & TRADERS.
FOR TRADING ON MONDAY THE NIFTY FUTURES HAS THE INITIAL INTRADAY SUPPORT AROUND 5767, SUSTAINING BELOW WHICH WILL SET THE TREND FOR THE DAY & NIFTY FUTURES MAY BE MANIPULATED TO FALL TO PROVE THAT THE FALL ON FRIDAY WAS NATURAL. IN CASE NIFTY FUTURES BREACHES AND SUSTAINS BELOW 5767 THEN IT WILL SMOOTHEN THE DOWNWARD SLIDING PATH TOWARDS 5757 TO 5754 INITIALLY, FOLLOWED BY QUICK MARCH TOWARDS 5740 TO 5735 BELOW WHICH FRIDAYS MANIPULATED LOW OF 5732 FUTURE LEVELS WILL BE SMASHED OUT OF SHAPE TO SEE FUTURE LEVELS OF 5721 EVEN, FROM WHERE BULLS MAY PLAN TO GO LONG .
SIMILARLY ON THE HIGHER SIDE, IN CASE THE BULLISH EUPHORIA IN U S MARKETS IS GENUINE AND ASIAN MARKETS RESPOND TO IT NICELY, THEN ONE CAN EXPECT INDIAN MARKETS TO RISE AFTER THE INITIAL HITCH TO TRY AND MOVE UP TO TEST 5789 SUSTAINING ABOVE WHICH IT MAY CATAPULT NIFTY FUTURES TOWARDS HIGHER ORBIT ABOVE 5797 FOLLOWED BY 5808. SUSTAINING ABOVE 5808 MAY BRING-IN THE STEROID EFFECT ON THE FRIDAY’S HYPNOTIZED BULLS TO QUICKLY MOVE UP TOWARDS THE NEXT HIGHER LEVEL OF 5828 TO ENCOUNTER A BARRAGE OF SHORTS THAT WILL BE UN-LEASED BY THE BEARS BEFORE EVEN COMPLETING THE TASK OF TESTING FRIDAYS OPENING HIGH OF 5844 FUTURE LEVELS.
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