Question: How do you make stocks and bonds rise in price at the same time and increase the wealth of the investor class? Answer: You declare your intent to buy $85 billion of and mortgages every month for a considerably extended period as a way to maintain the lowest rates of interest in recent history.… Read More »
Bank Nifty Hourly Bank Nifty on hourly chart is showing a range contraction,and unable to close above 11750 can pull it back to lower end of trading range. Bank Nifty Daily Bank Nifty has been under performing nifty and still trading below its medium and long term moving averages.The Bank Index has to move… Read More »
Crude is trading at 3 year high on MCX, With Egypt conflict crude is rising and its a double whammy for INR, as rise in crude prices will increase fiscal deficit.Lets analyze crude technical for coming week. Crude Mcx Weekly As per Weekly charts crude has formed a bullish engulfing pattern but unable to cross… Read More »
Gold Mcx Weekly Gold MCX Weekly chart is forming a falling wedge formation with positive divergence.. Gold Weekly Gold in international market is at 3 year low and holding support of 1180 which is at 61.8% retracement on weekly chart. Gold Mcx Monthly Monthly chart is forming a descending triangle with support at 24800. Positional… Read More »
FIIs bought 3065 Index Future worth 89 cores with net Open Interest increasing by 34391 contracts.FII has exited most of there shorts on expiry and went long on 28 June which was also monthly closing. As i have discussed in Last analysis on Thursday addition on 6000 CE needs to be looked closely and we… Read More »
RBI Governor decided to maintain status quo on policy rates,and met the market expectation.Bank NIfty was higher on MOnday Tuesday reached our Weekly Trend Deciding level of 11990 High made was 11992 and than collapsed to achieved all weekly target. Cool 550 Points pocked by positional traders. 🙂 Bank Nifty Hourly Bank Nifty is… Read More »
Fears About Fed Tapering Have Sent Markets Into A Tail Spin and there are a financial rout around the globe. Equities,Bonds, Commodities and Currencies all went into tail spin. Bonds saw the biggest correction in 50 Years, Thats the kind of power is Held by US Fed Ben Bernanke. Indian market was not an exception… Read More »
The Words of 1 Man can rattle the whole world market. Thats the power US Fed have. Below are the Charts of Emerging Markets (Brazil, China, India and Russia) Developed Markets (UK and European Nations) How they have performed after US Fed has given indication of stopping the QE Asia-Pac is not… Read More »
FIIs sold 37489 Index Future worth 1071 cores with net Open Interest increasing by 58195 contracts.FII continued shorting in index futures. So as discussed yesterday read again for investor who are thinking of fearful scenarios as advertised by Blue channel Will Stock Market crash if Fed ends the QE Today Nifty opened with gap of… Read More »
Hindalco Hindalco is forming a triple top formation on daily charts at 105.4. Unable to cross the same 97 is pretty much on cards. Sell below 103 Tgt 101,99 and 97 SL 105 Rcom RCOM as per Fibo Arcs is entering in the next resistance zone of 131-132. Unable to cross the same we can… Read More »