Category Archives: Daily
Why The Fed Won’t Raise Interest Rates
A strong dollar will slow exports Raising interest rates is only going to make the dollar—which has already been rising against other currencies—climb higher. That’s likely to make it harder for U.S. companies to export their goods around the world, where they are likely to see less demand anyway. What’s more, falling prices around the… Read More »
Tata Steel,Rel Cap and Sun TV Gann forecast for short term
Tata Steel Positional/Swing Traders can use the below mentioned levels Close above 254 target 267/288 Intraday Traders can use the below mentioned levels Buy above 254 Tgt 256,259 and 262 SL 251 Sell below 250 Tgt 248,245 and 241 SL 252 Reliance Capital Positional/Swing Traders can use the below mentioned levels Close above 343… Read More »
Bank Nifty Weekly Forecast for 17-21 Aug
Last week we gave the Chopad level of 18920 Bank Nifty did 1 target on upside and 3 target on downside rewarding disciplined chopad followers. Lets analyze how to trade market in coming week . Bank Nifty Hourly Bank Nifty need to sustain above 4×1 line and close above 45 degree line for bulls to… Read More »
Nifty bounces from gann support, FII FnO Data Analysis
FII’s bought 8.7 K contract of Index Future worth 435 cores ,4.7 K Long contract were squared off by FII’s and 13.4 K short contracts were squared off by FII’s. Net Open Interest decreased by 18.2 K contract, so today’s rise in market was used by FII’s to exit long and shorts in index futures .Happy… Read More »
Happy Independence Day 2015
Carried with care, coated with pride, dipped in love, fly in glory, moments of freedom in shade of joy. Proud 2 be an Indian!Happy Independence! The freedom fighters gave many slogans that motivated lakhs of Indians to join them in the freedom movement. Some of these slogans are worth recalling on the eve… Read More »
Stock Market Crash around the World : Blame China
Here are two things that China’s government wants very badly: first, for its economy to remain on an even keel, keeping growth and employment high. Second, for its currency, the renminbi, to become a pre-eminent global currency that helps promote the country’s diplomatic goals and solidify the country’s centrality to the global economy. Frequently those… Read More »
1997 Asian Currency Crisis happening again
Submitted by Michael Lebowitz via 720Global.com, Second Verse, Same as the First, a Little Bit Louder and a Little Bit Worse China surprised the financial markets on August 11, 2015 by devaluing their currency, the Renminbi (CNY), the equivalent of 2% versus the U.S. Dollar (USD). This is the largest daily move in the CNY… Read More »
China Enters Currency War – Devalues Yuan By Most On Record
Risk assets got back in the groove last week, as policy makers once again managed to keep spooky realities from coming out of the closet. Greece not only chickened out but also surrendered to Troika, in order to secure more debt from Euro zone to repay Euro zone and IMF. The fear of unknown has… Read More »
Bank Nifty Weekly Forecast for 10-14 Aug
Last week we gave the Chopad level of 18830 Bank Nifty did 1 target on upside . Lets analyze how to trade market in coming week as we have CPI and IIP data scheduled for coming week. Bank Nifty Hourly Bank Nifty need to sustain above 16×1 line and close above 45 degree line for… Read More »
