Blog

Lot of specs got long silver between 19-20 during Jan-Feb hoping for quick rally towards 25. It was looking promising until it lost steam at 22. Last chance for bulls is if silver still holds 20 dollar mark but that’s looking shaky. Since support...

Silver 3/23/2014

Lot of specs got long silver between 19-20 during Jan-Feb hoping for quick rally towards 25. It was looking promising until it lost steam at 22. Last chance for bulls is if silver still holds 20 dollar mark but that’s looking shaky. Since support...

Test of TATA Motor’s resilience is coming soon. We would be looking for any intraday dips for trading opportunities to buy it around 360.  

TATA Motors 3/21/2014

Test of TATA Motor’s resilience is coming soon. We would be looking for any intraday dips for trading opportunities to buy it around 360.  

At what level SBI (State Bank of India) is bargain? right now, answer to this question is unclear ( as NPA at SBI is!). But for the sake of trading opportunity, we would like to dip our toe starting from around 1550 – 1600.

SBI 3/21/2014

At what level SBI (State Bank of India) is bargain? right now, answer to this question is unclear ( as NPA at SBI is!). But for the sake of trading opportunity, we would like to dip our toe starting from around 1550 – 1600.

Today’s sell off in US markets after FOMAC may inspire similar action in Indian markets too. We think that would be an opportunity we all were looking for to get long between 6300 – 6400 region.

NIFTY 3/20/2014

Today’s sell off in US markets after FOMAC may inspire similar action in Indian markets too. We think that would be an opportunity we all were looking for to get long between 6300 – 6400 region.

Forex

Janet Yellen’s faux pas during the FOMAC has put the bid on dollar across the board. We would like to buy euro around 3785 – 3800 area which is the first expected support zone.

EUR/USD 3/19/2014

Janet Yellen’s faux pas during the FOMAC has put the bid on dollar across the board. We would like to buy euro around 3785 – 3800 area which is the first expected support zone.

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.