“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 »
Last Week Analysis as we discussed the First Week of new financial year do end up on positive note and Nifty did follow the history to close with a minor gain of 0.5%.Next Week we have the Q4 results pouring into starting with Infosys on 13 April with RBI Credit Policy on 17 April… Read More »
From 01 April 2012 marks the fresh start of Financial Year 2012-13. Wishing all Readers a profitable Financial year 2012-13.Nifty closed the Last quarter with a gain of 10.38%. Venezuela Stock Market closed with a whopping gain of 70% I did a study how Nifty trades in the first week of a new Financial Year.Results… Read More »
The following week we expected to be a trending week but again turned out to be a volatile week with daily range of Nifty of almost 100 points. We have march Expiry,Weekly and Monthly closing in the coming week which make in interesting both in term of data analysis and trading. Lets see how technical… Read More »
The Last week promised to be an eventful week but turned out to be an non event week. RBI did not pulled any trigger on Repo cut and further putting court in Government of India court asking them to cut the fiscal deficit and move towards fiscal consolidation. If you do not take steps towards… Read More »
The Week gone by ended with CRR (Credit Reserve Ratio) cut of 75 BPS from RBI. It was a Surprise in term of Timings as we have credit policy on 15 March and quantum. Most Optimistic market participants accepted only 50 BPS, 75 BPS was quiet a surprise as it pumped 48,000 Cores in market.… Read More »