For over a decade, the consensus around the Indian Rupee was repeatedly framed through macro narratives, policy expectations, rate differentials and economic logic. Yet structurally, the larger trend kept asserting itself. Back in 2011, when I projected a long-term depreciation cycle toward levels that seemed improbable at the time, the overwhelming institutional consensus was still […]
S&p 500: As can be seen from the monthly chart of S&P 500, the momentum for the Index has been dropping precipitously with each new high. (The loss of momentum is pretty much the same on Nasdaq & Dow as well). Under the Elliott Wave Model, I see the move from Dec 2018 as start […]
Indian equities have had an interesting 6 sessions of trade. The Sensex dropped below the Aug low while the Nifty barely managed to hold above the Aug low. Chart 1: Nifty vs SensexNifty’s price action of the last week has thrown up a couple of possibilities. (a) Bull case: My interpretation that the Index registered […]
At Berkshire Hathaway’s annual meeting 2018 this weekend, Warren Buffett revealed that $10,000 invested in an S&P 500 index fund in 1942 (there were none at the time, he noted) would be worth $51 million today. However, $10,000 invested in Gold would be approximately $400,000. (This is not the first time Mr Buffett has taken a […]
A trade idea on a frontline Indian Pharma stock that trades in cash and derivative segment on NSE.
Short term trade idea on Reliance Capital
A Trade set up on GBP-INR Cross rate.
How is the Banknifty positioned for the medium term? Did the Feb 4th low mark an important low for this index? Is it heading much higher or is the rally going to fizzle out. To gain access to this digital content, click on the button and pay securely through paypal, debit or credit card.
This mid-cap stock listed on NSE and BSE in the cash segment has been a stellar performer in the last few months. Now, after a correction this stock is now presenting a low risk re-entry point.Use paypal, credit or debit card to unlock and read this digital content.
Gold: Were you able to capitilize on the recent wild moves in Gold? We did. Not only have we got a low risk entry point we have been able to make use of the wild gyrations of the last few days. Here is a screen shot of an update sent to those who purchased the Gold […]