Nifty

Not a time to rest, traders!

Since many months traders havent made money on either side because volatility has been unpredictable. But since last few sessions, Nifty seems to be giving some signs of clear trend in near future. As i had mentioned before, 6869 support had been crucial as it was on 200 week average and also a support level …

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Indian Economy My View

Why Invest in India?

Global economy scenario is a bit vague at current situation but this should be considered as an opportunity to invest for the long term, those who have liquidity. Am sure many of you are confused that where should we Invest? Answer is INDIA. It is not just because i am an Indian citizen but currently …

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Nifty

Not a convincing close on Weekly Chart

Nifty had shown some high volatile characteristics last week but yesterday finally it did manage to close over 7205 which was acting as strong resistance throughout the week. Daily charts have seen a reversal confirmation BUT weekly charts havent given any strong chart pattern or candlestick pattern to show reversal except sustain 200 Weekly average at 6869.  …

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Indian Economy

A myth: CPI and Nifty inversely related?

Its commonly believed by a trader that a Higher inflation means bearish trend in the market. That may be true for a day or 2, but interestingly i noticed that we are wrong! Attached graph is a comparative study between CPI and Nifty for last 10 years on QoQ basis. Green line is Nifty while …

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Commodities Crude

Crude could rally a bit from here

Crude Oil has seen a great fall from its high last year and global crisis could be attached to this fall. A fight between oil producing countries had led to excess supply and over it now we will have Iran flowing its crude in the world by mid this year. Surely this is the best …

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Stocks

Triple Bottom on SunPharma

Sunpharma was most in talks for Ranbaxy acquistion and it was looked negatively but now its trying to turn around mood. It has announced sell of Ranbaxy’s Central Nervous System (CNS) unit to Strides for almost 165 cr including employees. This should come as a relief rally on the stock but technically stock should approach …

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Nifty

Time for Nifty to be ShowStopper

BankNifty is already running successful show at D-Street and now its time for Nifty to be showstopper. Nifty was a bit volatile in last 200 points rally from 7600-7800 but now we could see some strong short covering upto 8225. Technically, as circled, index has taken strong closing support at 7670 which is 100 weekly average. …

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Nifty Bank

BankNifty short covering to continue

BankNifty has seen worst sell-off in last 2 expirys compared to other indicies in the markets but that was obvious after it was the most outperforming for 2 years before these expires. After a free fall, now i expect a short covering the Banking Stocks and BankNifty index. Overall, you could notice in the adjoining …

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Nifty

Markets only for "BahuBali"

Unfortunately markets tumbled swiftly below 7600 which was my last resort for support in near term. Now its recommended for safe traders to avoid any kind of trade on Index for this week while only BAHUBALI’s who has capacity to take loss can trade in such markets. One thing good about the last 100 points …

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