Sunday, June 16, 2013

The Indian Stock Markets The Week Ahead;16/6/2013

1.Stock Markets eyes RBI's Monetary Policy Review tomorrow,17/6/2013.
2.Hence there will be VOLATILITY with a positive bias.....
3.Petrol price hiked by Rs 2 per Litre.effective Rs 2.40 per Litre,due to VAT.
    Indices may rise as RIL and ONGC which are expected to rise have weightage both in Nifty and Sensex.
   Essar oil, IOC,BPCL and HPCL may also rise.
      

Sunday, June 2, 2013

Indian Stocks The Week Ahead;2/6/2013

1.Indian Stocks may fall as Bernanke may taper QE,The Rupee is weakening against the US Dollar by the day!
2.BDI is in decreasing trend,below 200 DMA and is UNABLE to pierce the previous top!Global Economy is in trouble.
3.Gold and Silver prices are being suppressed.