Gold crash is not over !!!

This Gold crash is epic ... it is not over (maybe)...
This short covering is a Bull Trap..(max1450-1500$)

1150$ is clearly visible ( below 1320$)

 

Just be careful with this ;P

Gold and Silver Death cross !!!

Death cross !!

aapl update !

Coming soon....

What could happen ?!

 50k or 15k ? 

IGL : beware of Bull trap !

WTIC : get ready for a big down leg !

Once closes below 79$ ...Biiiiiiiiiiiiiiiig problem for bulls !!!

cmp 92$$

US Dollar : caution !! beware

This is not 2008 !

This is not 2008 !
A lot of savvy investors are looking for  2008 kind of bloodbath so that they can invest in companies of their choice to get superior returns from their portfolios.
But looking back ..one must take a note that 2008 was a peak of euphoria in all asset classes be it risky or safe. Most of them were quoting at astronomical levels with huge euphoria...a small bit of good news was igniting stocks but all the bad news and warnings were being thrown out of the window.
Now..it seems that no one is interested in equities ., although markets are not dirt cheap but they are at reasonable levels of valuations. 
Due to high commodity prices, interest rates, US and Europe debt problems  equities are now being  thrown to buyers at any prices, short selling is going on relentlessly. No body seems to hear any good news but discounting all bad news...just opposite what they  they did during  2007-08 euphoria..!  
....continued


11/aug/2011 

All hopes on 28th !

Do it again , ur the only hope ! 

Many sensex-30 stocks are either have reached their major supports or at supports. Some are really worry some, but for the time being one can think  positively about a relief  rally in coming week(s). Sensex may toggle between 17500- 18600. Cmp sensex 17775.

27.2.2011

Emerging markets : major inflow of US$ could be.......

Some technical parameters , state of US$ and Western Texas oil discount from Saudi Brent crude and EM's recent huge correction are suggesting huge inflow of foreign funds into Asian equities in coming weeks.

16.2.2011

WAIT ! Sensex : major support@......

Sensex major support

@17500 approx.

Wait Before making any 

foolish decisions.

Remember : India is the only democratic economy in the Whole World which is growing @ 8-9% each year. It is the hot money which is making these gyrations in the India.
 ===========
These Firangi (FIIs) are again looting Indians by spreading bad news all around through their MEDIA. 
===========
WE MUST TRUST OUR COUNTRY & ITS POTENTIAL RATHER THEIR LISTENING TO THEIR MEGAPHONES IN MEDIA.
 ===========
HARD BOUNCE COULD BE COMING SOONER THEN WE THINK ! 

 

9thfeb2011.

Dow : showing topping fatigue !

Around 12k , Dow is showing fatigue after running from 11200 levels. It may rest for a while for now and unability to cross 12k with confidence may let it to correct a little.

3rdfeb2011

Nifty : 5410 is now key level

 What ever nifty is doing or what she wants to do in  coming days , one must keep in mind that 5400 would be a key level to be held on nifty. Although on a funda-mental ( lolz....) basis 18 pe current and 15 ( one yr est forward) is a very very good level for Indian stocks.


An intraweek short covering upmove is not ruled out if this level is not breached on the downside.

1st feb 2011

Indian stock markets during feb 2011.

PE of Sensex and Nifty have fallen to levels of 17.9 since top made 23-24 during Diwali 2010. This is kind of good levels to start nibbling in small quantities ( not a whole lot ) of good stocks in whatever sectors, caps etc etc. Sensex may find its bottom around 17500-17900 level duing early feb 2011. Budget is around the corner thus a relief rally can be expected,

30/1/2011

Sensex rallied 300 pts !

Market summary 12jan2011.

Today's rally of 300 pts in the Sensex is good but it will face a lot of resisatanes on the way.

It fell from 20400 levels to 19k levels in no time thus this short covering rally plus some positive buying by the FIIs is a good sign. Let's hope for the good ; but there lies a huge resistance @ 19750-20050 range.

This fall provided  a much needed opportunity to Longterm investors who have great belief in India story. A lot of  leveraged and FnO operators have again burnt their hands. Until now weekly sensex structure suggesting a bullish consolidation ( unless 18500 is not breached on the ownside) .

As feared !

As feared a few days back , 

markets went down like a falling knife below 20k on the sensex & 6k on the nifty.

Technical support of nifty @ 5700 has been held as of today.

Last minutes short covering helped Nifty to stay alive. It shud remain above this crucial level.
This correction ( or crash) has given a lot of pain to a lot of innocent investors. 
Nifty  "mildly" bullish only above 5830. ( cmp 5755).

No point in panic

selling now.

Expected an "act of God" few days ago,
click here for that post 
it culminated into bloodbath by bears across  all asett classes.
Now, it may face resistance @ 81.80 
on the USD Index.
cmp 80.88.





11/1/11

Happy new year !

Gold comex !

Comex Gold is losing momentum !

22/12/2010

Gold Comex !

Comex Gold is in a very-very precarious situation of  a meaningful correction in coming weeks.
(But if 1460$ is crossed then look for a new peak)

 

Should it goes below 1320$ then a bigger fall may take place.

11/12/2010