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Our WTI crude trade from few days back worked out beautifully and now another opportunity has revealed to short it between 100-101. ¬†Whether the drop from 105 to 97 was beginning of downtrend or a correction for an uptrend from 90 is anybody’s guess...

WTI Crude 3/19/2014

Our WTI crude trade from few days back worked out beautifully and now another opportunity has revealed to short it between 100-101. ¬†Whether the drop from 105 to 97 was beginning of downtrend or a correction for an uptrend from 90 is anybody’s guess...

Solution ( or secession or whatever you call it!) of Crimea has sparked gold sell off from known resistance towards $1400. For gold bulls there is nothing wise in initiating gold longs unless $1300 holds firm. But here lies an opportunity during FOMC at...

GOLD before FOMC 3/19/2014

Solution ( or secession or whatever you call it!) of Crimea has sparked gold sell off from known resistance towards $1400. For gold bulls there is nothing wise in initiating gold longs unless $1300 holds firm. But here lies an opportunity during FOMC at...

After about 15 days of selling, now is the time for little respite. And that translates into a quick trading opportunity by buying around 520 – 525 for Rs 10/20 bounce. Or may be more than 10/20 ! In that case it’s safe to...

WIPRO 3/19/2014

After about 15 days of selling, now is the time for little respite. And that translates into a quick trading opportunity by buying around 520 – 525 for Rs 10/20 bounce. Or may be more than 10/20 ! In that case it’s safe to...

Stock market Buy Sell

Selling everything IT is the trade de jour for last couple of days. We are also of the opinion that selling is not done yet but there are few thing we need to understand before jumping on the train. Overall market sentiment remains upbeat...

CNX-IT 3/19/2014

Selling everything IT is the trade de jour for last couple of days. We are also of the opinion that selling is not done yet but there are few thing we need to understand before jumping on the train. Overall market sentiment remains upbeat...

Everybody is waiting for NIFTY to touch 7000 mark. Even though election euphoria is tail wind, patience is required and better to choose entry points carefully. Again we would like to buy it somewhere in the vicinity of 6200 – 6400 today.

NIFTY 3/19/2014

Everybody is waiting for NIFTY to touch 7000 mark. Even though election euphoria is tail wind, patience is required and better to choose entry points carefully. Again we would like to buy it somewhere in the vicinity of 6200 – 6400 today.

Indices has rallied so far but it’s not all rosy as it looks. Lack of investment options make investors, domestic and foreign entities alike, to dump money in handful of stocks which in turn boost the Index. Following chart shows how market has performed...

NIFTY Health Check 3/14/2014

Indices has rallied so far but it’s not all rosy as it looks. Lack of investment options make investors, domestic and foreign entities alike, to dump money in handful of stocks which in turn boost the Index. Following chart shows how market has performed...

Indian Rupee has been range bound ( 61 – 64 ) Vs US Dollar from Oct2013. We don’t anticipate this range to brake soon. Volatility due to election can extend the downside range upto 59/60 but that would be an opportunity to short the...

USD / INR Outlook 3/12/2014

Indian Rupee has been range bound ( 61 – 64 ) Vs US Dollar from Oct2013. We don’t anticipate this range to brake soon. Volatility due to election can extend the downside range upto 59/60 but that would be an opportunity to short the...

crude oil pump

Oil is breaking $100 today. Of course current trajectory is down but still we believe there is a quick opportunity to trade this level. Next support is around 97 and we would like to buy it between 96.90 – 97.30 for the retest of...

WTI Crude 3/12/2014

Oil is breaking $100 today. Of course current trajectory is down but still we believe there is a quick opportunity to trade this level. Next support is around 97 and we would like to buy it between 96.90 – 97.30 for the retest of...

Whether it’s a safe haven bet or not, gold is creeping higher and banging on the resistance at $1350. Current outlook remains positive and possibility to retest $1490 is on the cards. Uncertainty over Ukraine only adds positivity to the trade. Every negative news...

GOLD Trade 3/11/2014

Whether it’s a safe haven bet or not, gold is creeping higher and banging on the resistance at $1350. Current outlook remains positive and possibility to retest $1490 is on the cards. Uncertainty over Ukraine only adds positivity to the trade. Every negative news...