Last week I estimated ranged between 36,375–32,800 and 17,050–15,750 on the Bank Nifty and Nifty, respectively. While the Bank Nifty traded within these parameters the Nifty fell 1 ... Read more
Last week I estimated ranged between 36,375–32,800 and 17,050–15,750 on the Bank Nifty and Nifty, respectively. While the Bank Nifty traded within these parameters the Nifty fell 16 points below the specified support level. This week I estimate ranges between 34,900–31,300 and 16,425–15,100 on the Bank Nifty and Nifty, respectively. Trade light and maintain stop losses diligently. If the volatility spikes, these levels may be violated in either direction. Read more
Last week, the stock market fell along expected lines. The overseas cues I wrote about weighed on domestic sentiments. A big reason for the fall is the cost of funds (coupon rates ... Read more
Last week, the stock market fell along expected lines. The overseas cues I wrote about weighed on domestic sentiments. A big reason for the fall is the cost of funds (coupon rates) is rising globally. They will increase further. Read more
Last week, I estimated ranged between 37,850-34,200 and 17,800-16,500 on the Bank Nifty and Nifty, respectively. These held perfectly in spite of all the volatility. This week I es ... Read more
Last week, I estimated ranged between 37,850-34,200 and 17,800-16,500 on the Bank Nifty and Nifty, respectively. These held perfectly in spite of all the volatility. This week I estimate ranges between 37,850-34,300 and 17,725-16,450 on the Bank Nifty and Nifty, respectively. Trade light and maintain stop losses diligently. Read more
Last week, I estimated ranged between 39,300–35,600 and 18,125–16,825 on the Bank Nifty and Nifty, respectively. These held perfectly despite all the volatility. The Nifty saw an e ... Read more
Last week, I estimated ranged between 39,300–35,600 and 18,125–16,825 on the Bank Nifty and Nifty, respectively. These held perfectly despite all the volatility. The Nifty saw an exact low of 16,825. This week, I estimate ranges between 37,850–34,200 and 17,800–16,500 on the Bank Nifty and Nifty, respectively. Trade light and maintain stop losses diligently. Read more
Markets had greater probabilities of an upthrust as compared to a decline. But the reverse transpired. In this episode, I present why it happened and examine whether it can happen ... Read more
Markets had greater probabilities of an upthrust as compared to a decline. But the reverse transpired. In this episode, I present why it happened and examine whether it can happen again this week. Read more