Saturday, April 6, 2013

Indian Markets The Week Ahead;7/4/2013

1.India Inc faces CDR and FCCB problems.
               Bank stocks may be bearish.Sugar price decontrolled partially.
2.The RBI is reluctant to punish errant private Banks.System is failing under M M Singh who has become a Dictator,now.
3.Gold rises.Gold run reported in Bangkok.
4.Silver,Copper and Crude fall.
              Copper's fall bad and crude's fall good for economy.Crude demand may be less,for the next 6 months.
             Fake Silver containing Tungsten and Molybdenum reported in the media.
5.BDI after piercing the 200 DMA has gone below it.It is unable to cross the previous top.Global Economy is in trouble.
6.Markets may have a NEGATIVE bias.

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