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NIFTY can keep on chugging without any meaningful retracement but it pays to be cautious. First decent entry point during the sizable dip comes in around 8700.  We are agnostic about any upside levels because unhindered money printing and central bank put will take...

NIFTY, Selective Entry – 4/15/2015

NIFTY can keep on chugging without any meaningful retracement but it pays to be cautious. First decent entry point during the sizable dip comes in around 8700.  We are agnostic about any upside levels because unhindered money printing and central bank put will take...

Barring any surprise, Gold price is expected to be contained within 1200 from the top side resistance and 1183 support.  Gold is trading heavy and of course the bias is towards downside.  But wisdom of current trading is to be open to trade it...

Gold Trade – Playing Within Boundaries – 4/15/2015

Barring any surprise, Gold price is expected to be contained within 1200 from the top side resistance and 1183 support.  Gold is trading heavy and of course the bias is towards downside.  But wisdom of current trading is to be open to trade it...

crude oil pump

Crude Oil is doing exactly what was expected out of price action. We mentioned in our previous trade idea how it is behaving like something which wants to go up and how to get it long cautiously near 50. So far so good. But...

WTI Crude Oil Trade Idea – 4/15/2015

Crude Oil is doing exactly what was expected out of price action. We mentioned in our previous trade idea how it is behaving like something which wants to go up and how to get it long cautiously near 50. So far so good. But...

As usual FOMC minutes have left us guessing and with new word to contemplate on – ‘Several’.  Instead of getting chopped around 1200 ( +/- 10), now we will be looking for either 1280 to get long and get few ticks or 1240 to...

GOLD Trade Idea – How Not To Get Chopped Around – 4/13/2015

As usual FOMC minutes have left us guessing and with new word to contemplate on – ‘Several’.  Instead of getting chopped around 1200 ( +/- 10), now we will be looking for either 1280 to get long and get few ticks or 1240 to...

Forex

For last 2 and half months USD/CAD comes near 1.2400 and bounces back. Could that be different this time?! With crude oil showing the sign of squeeze, nothing can be ruled out. Besides Fed events pushes the dollar down at least for a session...

USD/CAD – Testing Support again at 1.2400 – 4/8/2015

For last 2 and half months USD/CAD comes near 1.2400 and bounces back. Could that be different this time?! With crude oil showing the sign of squeeze, nothing can be ruled out. Besides Fed events pushes the dollar down at least for a session...

Fed has never disappointed equity bulls and dollar bears in recent history, at least for a day ! So here comes FOMC minute again today at 2 PM EST and we are ready with levels to take on Gold. These days, trading anything with...

Gold Trade with Fed’s Help – 4/8/2015

Fed has never disappointed equity bulls and dollar bears in recent history, at least for a day ! So here comes FOMC minute again today at 2 PM EST and we are ready with levels to take on Gold. These days, trading anything with...

crude oil pump

When something doesn’t go down despite bad news then it’s likely to go higher. That’s what happening with WTI crude oil now. We have been bearish oil for long time and again selling against previously mentioned resistance of 52 and 54 has given us...

WTI Crude Oil Squeezing higher – 4/8/2015

When something doesn’t go down despite bad news then it’s likely to go higher. That’s what happening with WTI crude oil now. We have been bearish oil for long time and again selling against previously mentioned resistance of 52 and 54 has given us...

Let’s not be fooled by the swings of NIFTY i.e. Not to get carried away either by strength or weakness. We highlighted the reasons for that yesterday.  Those who got the clue, saved almost 50 point drop. We repeat, nothing will change until the...

NIFTY – Not To Be Fooled Trade – 4/1/2015

Let’s not be fooled by the swings of NIFTY i.e. Not to get carried away either by strength or weakness. We highlighted the reasons for that yesterday.  Those who got the clue, saved almost 50 point drop. We repeat, nothing will change until the...

Sellers will be eager to offload whenever SBI ( State Bank of India ) surfaces above 280. Best strategy will be to wait for an opportunity near the strong support level  of 240. There we can initiate the long trade either via getting long...

SBI ( State Bank of India ) Trade Idea – 4/1/2015

Sellers will be eager to offload whenever SBI ( State Bank of India ) surfaces above 280. Best strategy will be to wait for an opportunity near the strong support level  of 240. There we can initiate the long trade either via getting long...

NIFTY has bounced violently yesterday.  Whether it is end of recent downward momentum or just an usual vicious bounce happens to occur during most down-trends. Well, the answer is less clear at the moment but what we can do is, trade cautiously level by...

NIFTY Bounce – For Buying or Selling ? – 3/31/2015

NIFTY has bounced violently yesterday.  Whether it is end of recent downward momentum or just an usual vicious bounce happens to occur during most down-trends. Well, the answer is less clear at the moment but what we can do is, trade cautiously level by...