As per Last Week Analysis Nifty made low of 5217 and High of 5349 as we discussed, Nifty has been grinding in a range of 5217-5249 for whole week, this is what happens when we have month of consolidation. Nifty Futures intraday players are having difficult time as nothing is happening,grinding in 20-30 points range.… Read More »
It is said that wedding is a step to enter into a practical life and at the time when one is going to be bind in this sacred relation with a lot of prayers, wishes and compliments, it can be hoped that all will go well throughout life. Your wishes are asset of our life.… Read More »
The All Important Greece Vote will be conducted tomorrow, What results Financial Market accept (Click on Link to see) . We have the all important RBI policy on Monday market expectation are as follows Repo Rate :Exp 7.75%, Current 8.0% CRR :Exp 4.75%, Current 4.75% Reverse Repo :Exp 6.75%, Current 7.0% Nifty Hourly Chart… Read More »
Last Week Analysis Trend Deciding level was 4767 and Nifty made low of 4770 and bounced back with a bang. WoW basis Nifty is up by 4.7% rallying with Global markets. Next Week will be crucial and volatile as we have lot of data points coming from India Macro Perceptive. 1)12 June : IIP data… Read More »
Last Week was a shocker from Macro Point of View as India’s gross domestic product growth slowed to 6.5% in 2011-12 (Apr-Mar) from 8.4% a year ago and Growth was just 5.3% lowest in last 10 years. From Global perceptive: The HSBC Purchasing Managers Index (PMI) for China fell to 48.7 in May from 49.3… Read More »
Nifty halted its down move, made a low of 4803 but outperformed BRIC as we are up 0.6% WoW basis. Last week as we discussed below 4898 trend remain bearish and Nifty made a low of 4803 high of 4934.Click Here to Read the Previous Week Analysis INR made a life time low of 56.3… Read More »
Nifty continued with its down move and made a low of 4788 but outperformed rest of world markets as we are down only 0.8% WoW basis. Last week as we discussed below 4995 trend remain bearish and Nifty made a high of 4957 and reached to 4788.Click Here to Read the Previous Week Analysis … Read More »
As discussed in last week analysis Nifty Technical Structure look weak and Nifty corrected and closed below 200 DMA on a Weekly Closing basis. GAAR has been delayed by 1 Year and we got a news based rally which got sold into showing the supremacy of Technical Analysis.Last Week we shorted below trend deciding level… Read More »
“The ability to accept the many ups and downs of the market is one of the most important skills a trader can have.” This is an Apt one liner on what happened on Friday at 2:30 PM. “Flash Crash” happened in NF The Nifty futures crashed over 300 points in afternoon trade, Nifty April futures… Read More »
Next week is an crucial week as , the Reserve Bank Of India (RBI) will announce its annual monetary policy for the year 2012-2013. Looking at slowing economic growth and lack of capital investment general consensus is for a Rate Cut after a straight 13 times rise between March 2010 and October 2011. Current benchmark… Read More »