Saturday, January 19, 2013

Indian Markets The Week Ahead,20/1/2013.

1.The Stock markets will be positive due to DIVESTMENT of Oil India and NTPC.But upside will be limited.Profit-booking possible,at the current levels.
2.BDI low.Global Economy is in trouble.
3.Crude steady at a higher level.
4.Gold,Silver,Copper,Crude bullish [short and long term] as the Republicans are reported to have agreed for a raise in Debt Ceiling for 3 months.The Macros seem to be in for weakness for long term Globally.
5.The Rupee is strengthening V US,but how far it will be allowed by the Indira congress party remains to be seen.The CAD.

No comments:

Post a Comment