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 

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