Sunday, January 31, 2016

WEEKLY TREND;31/1/16

Japan starts NIRP after Davos!
Indian stocks may be volatile.Brent price has increased.
$ BDI 317,lowest ever.200 DMA 717.88;SCI may fall due to the above two.Refinery and Airlines stocks may also fall.
Gold Rs 26638/10 Grams
Silver Rs 34751/Kg
NG Rs 155/mm Btu
Rupee V $ 67.78
US Dollar Index 99.53
Brent  Rs 2286,$ 35.99/bbl
BitCoin $ 385.2
Physical Gold and Silver preferred now,due to Geo-politics and weak Global Economy and Trade.
Cash is king now,as per experts.

Sunday, January 24, 2016

WEEKLY TREND;24/1/16

Indian Stocks may correct further,as per reports.
Gold Rs 26160 /10 grams
Silver Rs 34277/Kg
NG Rs 147.1 / mm Btu
Rupee V $ 67.63
US Dollar Index 99.53
Brent Rs 2158 or $ 32.18 /bbl
$ BDI 354   200 DMA 724.08
BDI is very low.Global Economy is in trouble.


Sunday, January 17, 2016

WEEKLY TREND;17/1/16

1.Indian Stocks may fall with volatility. FPIs are selling.
2.$ BDI 373,  200 DMA 729.66
BDI is lowest ever and is a leading indicator .Global Economy is in trouble,what with the Trade dwindling.
3.Brent $ 28.94/bbl
Oil Refineries and SCI look good,though the Market as a whole is in short-term down-trend.
4.Gold Rs 26112/10 Grams
5.Silver Rs 34085/Kg
6.Rupee V $ 67.60
7.US Dollar Index 98.85
8.NG Rs 142.9 /mm Btu.A huge fall of Rs 20 from last week.
Fertilizer Stocks using Oil and Gas look good.GNFC,RCF can be fancied in small lots,with suitable stop-loss,as the short-term trend of the market is down.
Power Cos using NG also,look good.
IT Cos look good,as the Rupee is weakening.Please use a suitable stop-loss.

Sunday, January 10, 2016

WEEKLY TREND;10/1/16

1.Indian Stocks may fall due to Yuan Devaluation,Low Liquidity,Low BDI ,Huge Global Debt,High Corporate leverage and Low Global Trade.
2.BDI $ 429,very low.
3. Brent $ 33.55 / bbl
Refinery and Shipping stocks like SCI look good,as Crude target  is reported to $ 29 to18/bbl. 
4.Gold and Silver look attractive due to Yuan Devaluation and Geo-political situation.

Rupee V $ 66.63,9/1/16
Gold Rs 25981/10 Grams, Rs Silver 33816/Kg

NG Rs 163.70/mm Btu