The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns. Junk-bond debt in energy has reached $210 billion, which… Read More »
Last week we gave Nifty Chopad level of 18556 .Bank Nifty did 1 target on downside and 2 target on upside rewarding chopad followers by 400 points. Lets analyze how to trade Bank Nifty next week. Bank Nifty Hourly Bank Nifty took support @ its 21 HEMA, holding the same bank nifty will bounceback to… Read More »
LIC Housing Any close above 436 stock is heading to 450/466 in short term. Buy above 437 Tgt 438.5,442 and 447 SL 435 Sell below 433 Tgt 430,425 and 421 SL 435 Rel Capital Any close above 555 stock is heading to 579/589 and 597 Buy above 543 Tgt 548,555 and 562 SL 540… Read More »
Very nice and Detailed Article It’s December and you know what that means: let the “Santa Claus rally” calls begin. Like “Black Friday” sales, the Santa rally talk seems to start earlier and earlier each and every year. We actually started seeing articles about the rally in early November and they are out in full force today.… Read More »
Last week we gave Nifty Chopad level of 17126 .Bank Nifty did 1 target on downside and all 3 target on upside rewarding chopad followers by 500 points. Lets analyze how to trade Bank Nifty going in RBI event. Bank Nifty Hourly Bank Nifty Trendline resistance comes @ 18620, Bank Nifty can rise all the… Read More »
Oil Prices Collapse After OPEC Keeps Oil Production Unchanged OPEC KEEPS OIL PRODUCTION TARGET UNCHANGED AT 30M B/D: DELEGATE WTI @70and Brent Crude (under $75 for first time since Sept 2010 are collapsing. Big Positive for India Lowest since June 2010…
Last week we gave Nifty Chopad level of 17126 . Lets analyze how to trade Bank Nifty in coming expiry week. Bank Nifty Hourly Bank Nifty Trendline support comes @ 17700, Bank Nifty can rise all the way to 18500 before any profit booking comes in. Bank Nifty EW Daily Bank Nifty daily chart… Read More »
“One thorn of experience is worth a whole wilderness of warning.” – James Russell Lowell, American poet. Major equity / Credit divergences should always be taken very seriously. They were among the best forward looking indicators at almost every major turning point for equities over the last 20 years. To recap: In 1998, equities were rallying… Read More »
Reliance Reliance is at crucial juncture, close above 990 stock is heading towards 1008/1021. Any close below 986 short term target 966/953. Buy above 991 Tgt 995,1003 and 1008 SL 988 Sell below 987 Tgt 983,978 and 970 SL 990 Adani Port Buy above 305 Tgt 306.4,309 and 314 SL 303 Sell below 301… Read More »
Last week we gave Nifty Chopad level of 17256 Bank Nifty did not close below 17256 once and achived 2 target. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty Trendline resistance comes @ 17675, Bank Nifty made high @ 17650 and turned back, now important support @ 17400… Read More »