euro against usd : extremely bullish !!

Sensex : big rally above 17300 !

Expect fireworks above 17300!

19/10/2011

Gold , silver, crude, US$ !

Gold is showing signs of technical topping ..a correction could set in..should there be a further bad news then it may rise further...Silver and crude both are looking weak and tired ..


...but any "otherwise" news ( bad/ good) can change the mood of the players !




US$ is looking great and it may rise further as other "safe havens" are too overpriced now ! 

sep11/2011 

COMEX GOLD : bull trap

Comex Gold : huge resistance @ 1825$
Beware of bull trap ! 
(cmp 1788$ , up 25$ )
But if it remains above 1830$ on weekly basis then another 5% odd leg up possible even a new high.

 26/8/11

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 

Extremely oversold markets ! July-Aug 2011 crash

 Almost all equity markets are oversold on historical basis ...so be cautious...they could  rally equally sharp...Gold could correct is this happens..and don't forget the 
power of Governments  to print money and give stimulous(s)... They can destroy commodities' futures ..if they wish by increasing margins...

Esp..Dow is ridiculously oversold...

6th aug 2011

China record trade deficit could.....

China's record trade deficit in seven years could weigh down heavily on 

running commodity bull. Beware of a possible commodity fluctuation on the downside.

China have failed in keeping export growth and importing expensive commodities.

Thus many hard commodities like silver, copper, steel etc may face 

serious cuts in coming week(s).

If this happens then Indian and Chinese stock markets may rally going forward.

11.3.2011
update

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