Markets: Technically Ahead

Last week, the markets gave indications of being week as per the Technical Analysis. True to form the Markets took a dip on Monday and then bounced back smartly. This week, the pattern formed is exactly reverse its showing an up move. So do we have a top on Monday.Lets look at a few charts.1. There is an upward channeled move going on with top around 5720-5750 and bottom around 5340-5360. Breakout on either side could give moves of up to 400 points...

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Markets: Technically Ahead

The Markets took a sudden dip on Friday. Will they break out of the 5300-5600 range. It has been totally range bound for the past few weeks since the budget. I studied a few technical indicators and all of them seem to showing the markets headed lower.1. The NMA Indicator is a pretty reliable indicator. The Daily is in Sell Mode and the Weekly well as never given a buy signal from the previous sell signal.2. The 5 days moving average minus the 20...

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Using Earnings Yield (E/P) to time the investments

We know the basic ratio of P/E. I have taken the inverse of it also known as Earning Yield and compared it with the G-Sec Yield. Below is the guest post I have done for Subhankar.Continue Reading at:http://investmentsfordummieslikeme.blogspot.com/2011/03/using-earnings-yield-ep-to-time-your.h...

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Key Pointers for the Week Ahead

The Markets lost 1.7 % over the week to close at 5445. The current week is crucial due to the RBI policy Meeting on the 17th of March as well Advance Tax figures due to be out. Lets examine what can drive the Markets this week.1. the Advance tax figures for various companies will be out by the 16th. Expect them to be sluggish due to higher input costs over the past quarter.2. The RBI Policy review on the 17th March should hike rates by another 25 basis points. Anything more ad the markets will react.3. The Oil companies continue losing money due...

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Key Week for the Market

The Markets are based at a key turning point. The budget has come and gone. It was a nothing budget treated as a positive budget by the markets grasping at straws.Gold hit new highs, crude boiled over and the DMK Ministers pulled out of the cabinet.1. The DMK pulled out of the government and will give issue based support. What this means in plain terms is that this is a lame duck government. They have outside support from Samajwadi and Mayawati which...

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