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A little good news can get Amtek Auto rolling.  For almost one and half year Amtek Auto stock has been scrapping the bottom near Rs. 30 level.  Recently company has starting paying more attention towards debt reduction and restructuring working with Morgan Stanley and Rothschild. ...

Amtek Auto (AMTEKAUTO) – New Possible Positive Start – 2/6/2016

A little good news can get Amtek Auto rolling.  For almost one and half year Amtek Auto stock has been scrapping the bottom near Rs. 30 level.  Recently company has starting paying more attention towards debt reduction and restructuring working with Morgan Stanley and Rothschild. ...

Stock market Buy Sell

AUD/USD ‘s topside was contained between 0.77 and 0.78 for entire year during 2016.  So far it is very similar story like in the beginning of 2016.  AUD/USD has strong start of the year by climbing 1000 pips – from 0.68 to 0.78.  Thus...

AUD/USD – Strong Support At 0.7600 – 2/3/2017

AUD/USD ‘s topside was contained between 0.77 and 0.78 for entire year during 2016.  So far it is very similar story like in the beginning of 2016.  AUD/USD has strong start of the year by climbing 1000 pips – from 0.68 to 0.78.  Thus...

So far our strategy to buy NIFTY near the support levels ( first near 8000 and later 8250 ) and selling the quick bounce ( first near 8400 / 8450 and recently 8600 / 8650 ) has been fairly successful.  Now in next few...

NIFTY – Defining The Budget Range – 1/31/2017

So far our strategy to buy NIFTY near the support levels ( first near 8000 and later 8250 ) and selling the quick bounce ( first near 8400 / 8450 and recently 8600 / 8650 ) has been fairly successful.  Now in next few...

Forex

Another 100 / 150 pip pullback in British Pound against US dollar is possible but we are looking forward to buy that pullback initially around 1.24 / 1.2350 level.  Of course fast and furious couple of hundred pip moves in GBP/USD is very characteristic...

GBP/USD – A Pullback Is For Buying – 1/30/2017

Another 100 / 150 pip pullback in British Pound against US dollar is possible but we are looking forward to buy that pullback initially around 1.24 / 1.2350 level.  Of course fast and furious couple of hundred pip moves in GBP/USD is very characteristic...

Stock market Buy Sell

Divis Laboratories’ stock has been technically damaged by sudden burst of bubble.  Only hunky-dory sector in Indian stock market which can stand on its foot is pharma after much publicized  IT sector.  Pharmaceutical companies stocks are like runaway trains, exhibiting near vertical rise on...

Divis Laboratories ( DIVISLAB ) – Damaged And Deflated – 12/29/2016

Divis Laboratories’ stock has been technically damaged by sudden burst of bubble.  Only hunky-dory sector in Indian stock market which can stand on its foot is pharma after much publicized  IT sector.  Pharmaceutical companies stocks are like runaway trains, exhibiting near vertical rise on...

Bharti Airtel Ltd’s stock ( Ticker BHARTIARTL ) has been in sideways consolidation for roughly about 8 years from 2008 to 2016, with a broad range of 240 – 440/480.  We have traded this range successfully with simple sideways trading strategy where you buy...

BHARTIARTL (Bharti Airtel Ltd.) – Dialing The Downside – 12/27/2016

Bharti Airtel Ltd’s stock ( Ticker BHARTIARTL ) has been in sideways consolidation for roughly about 8 years from 2008 to 2016, with a broad range of 240 – 440/480.  We have traded this range successfully with simple sideways trading strategy where you buy...

When it is tough to believe anyone, people start acting on rumors or “misinterpretation” or whatever you want to call it. Long-term capital gains tax for the stocks investment in India is zero-nada-zilch. It means,  if you buy some shares of xyz company and...

We Want It ALL And We Want It NOW – Indian Govt. – 12/26/2016

When it is tough to believe anyone, people start acting on rumors or “misinterpretation” or whatever you want to call it. Long-term capital gains tax for the stocks investment in India is zero-nada-zilch. It means,  if you buy some shares of xyz company and...

Stock market Buy Sell

A general tide has lifted all the boats and now when it’s ebbing, to borrow Mr. Warren Buffet’s phrase – we will soon find out who is swimming naked.  Many stocks have gone from ridiculous to insane levels and they are bound to come...

EMAMI LTD (EMAMILTD) – Double Top Firmly In Place – 12/23/2016

A general tide has lifted all the boats and now when it’s ebbing, to borrow Mr. Warren Buffet’s phrase – we will soon find out who is swimming naked.  Many stocks have gone from ridiculous to insane levels and they are bound to come...

Yesterday we talked about how AUD/USD is going to suffer from rising US dollar and also mentioned the reason for AUD/USD to remain pressured.  ( Please check the link ) Similar argument can be made for NZD/USD too.  Many hated the rise from 0.6500...

NZD/USD – Evaporating Yield Advantage, Part II – 12/23/2016

Yesterday we talked about how AUD/USD is going to suffer from rising US dollar and also mentioned the reason for AUD/USD to remain pressured.  ( Please check the link ) Similar argument can be made for NZD/USD too.  Many hated the rise from 0.6500...

Forex

As you know that we have been dip buyers in AUD/USD and NZD/USD from the beginning of the year.  But now the dynamics has changed.  Rising US yields ( Fed Dot Plot suggests 2 or more hikes in 2017 ) and positive US dollar...

AUD/USD – Evaporating Yield Advantage – 12/22/2016

As you know that we have been dip buyers in AUD/USD and NZD/USD from the beginning of the year.  But now the dynamics has changed.  Rising US yields ( Fed Dot Plot suggests 2 or more hikes in 2017 ) and positive US dollar...