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After a long slide from 450 to 200, finally it looks like ONGC ( Oil and Natural Gas Corporation of India ) wants to go higher or at least stabilize near this band.  We are dabbling with long entries scattered near 220.  There is...

Oil & Natural Gas Corporation ( ONGC ) – Time To Buy – 8/19/2016

After a long slide from 450 to 200, finally it looks like ONGC ( Oil and Natural Gas Corporation of India ) wants to go higher or at least stabilize near this band.  We are dabbling with long entries scattered near 220.  There is...

Stock market Buy Sell

At 95, Dollar index is at very significant juncture technically.  A clean break here can open the path for 92 and 90. If DXY stabilizes here then a messy low range of 94 – 96 might continue for longer. Further ramp up of rate...

Dollar Index – Make Or Break Level – 8/17/2016

At 95, Dollar index is at very significant juncture technically.  A clean break here can open the path for 92 and 90. If DXY stabilizes here then a messy low range of 94 – 96 might continue for longer. Further ramp up of rate...

Forex

Easy money has already been made in short GBP/USD trade.  Now as GBP/USD will approach 1.25 on decent dips, equation will be skewed to help buyers.  Even a little positive ( or even less negative ) data will create short squeeze like the one...

GBP/USD – Shorting Pound Is Going To Be Painful – 8/16/2016

Easy money has already been made in short GBP/USD trade.  Now as GBP/USD will approach 1.25 on decent dips, equation will be skewed to help buyers.  Even a little positive ( or even less negative ) data will create short squeeze like the one...

Nothing can defy gravity forever in markets.  Grasim industries stock’s nonstop run from 3200 to 5400 has finally come to an end.  Almost 1000 points, which took around 3 months to gain have been undone in just 3 days.  There is a lesson for...

Grasim Industries – Technical Analysis – 8/12/2016

Nothing can defy gravity forever in markets.  Grasim industries stock’s nonstop run from 3200 to 5400 has finally come to an end.  Almost 1000 points, which took around 3 months to gain have been undone in just 3 days.  There is a lesson for...

Forex

Didn’t we said the same thing last month too ?! Well, Yes we did and still we maintain the same buy side bias as we did even during previous month ! Argument is still pretty much intact about BOE and ECB divergence.  If USD...

EUR/GBP – Wheels Are Aligning for 0.9000 – 8/11/2016

Didn’t we said the same thing last month too ?! Well, Yes we did and still we maintain the same buy side bias as we did even during previous month ! Argument is still pretty much intact about BOE and ECB divergence.  If USD...

As things stand right now, it looks like the next move in precious metals is going to be sharply up unless dollar does some trick. World is now peacefully accepting the reality that no matter what, the rates are going to be lower.  US...

Gold & Silver – Next Move Could Be Sharply Up ! – 8/10/2016

As things stand right now, it looks like the next move in precious metals is going to be sharply up unless dollar does some trick. World is now peacefully accepting the reality that no matter what, the rates are going to be lower.  US...

An urge to break away is normal but NIFTY can’t do much until the parent of the kid let it run away.  S&P 500 is not breaking out in hurry and NIFTY is attached to the hip.  Only difference is that S&P 500 emini...

NIFTY – Usual Huffing and Puffing But No Change – 8/10/2016

An urge to break away is normal but NIFTY can’t do much until the parent of the kid let it run away.  S&P 500 is not breaking out in hurry and NIFTY is attached to the hip.  Only difference is that S&P 500 emini...

Forex

Price action says it all. Something can’t go down even after dovish events then naturally the path of least resistance is higher.  RBA and RBNZ should stop fighting the losing battle and be at peace with the reality.  Yields from developed nations aren’t stopping...

NZD/USD – Central Bank Can’t Do Much Except ‘Hope’, Part II – 8/10/2016

Price action says it all. Something can’t go down even after dovish events then naturally the path of least resistance is higher.  RBA and RBNZ should stop fighting the losing battle and be at peace with the reality.  Yields from developed nations aren’t stopping...

Stock market Buy Sell

Shocker NFP has again messed up many calculations.  Unpredictability and possibility of huge reaction afterwards  makes it really difficult to trade such data points before the release.  That’s the reason we keep the strategy on hand but never place orders until picture is clear,...

Dollar Index – Something For Everyone – 8/8/2016

Shocker NFP has again messed up many calculations.  Unpredictability and possibility of huge reaction afterwards  makes it really difficult to trade such data points before the release.  That’s the reason we keep the strategy on hand but never place orders until picture is clear,...

Stock market Buy Sell

This is totally based on oil’s next move.  Near 40, Oil is in neutral territory.  Earlier we mused about buying the dip in oil near 40 but still haven’t done it because from price action it looked like we could have got it cheaper...

USD/CAD – Trade Idea – 8/5/2016

This is totally based on oil’s next move.  Near 40, Oil is in neutral territory.  Earlier we mused about buying the dip in oil near 40 but still haven’t done it because from price action it looked like we could have got it cheaper...