Inflation v/s Growth

There is a national debate going on over the rising Interest rates and the rate hikes by the RBI. Should growth be sacrificed at the altar of curbing inflation. It is a interesting debate and merits a deeper look into it.The RBI has deviated from the global central banks by raising Interest rates and we now have the Repo rate at 8.25 %. This is the rate at which the RBI lends to the banks. A higher Repo Rate means Interest Rates rise and it becomes difficult for businesses to borrow money and invest in expanding their businesses.Global, the interest...

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At crossroads: Tricky Juncture

It was a week where market threatened to tank and then showed signs of breaking out but ended up with 0.5 pc gain. Markets are at cross roads with endless possibilities before breaking down.1. As per Elliot, this could be sub-wave 3 of C starting from 5741 and we are in the last leg of upmove of sub waved 4.Sub waves of 3 as below:1. 5744 - 54972. 5497 - 57023. 5702 - 47204. 4720 - ongoing4 A till 5169, B till 4911 and C ongoing. If this is 4th wave...

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Beginner's guide to Investing in Stocks

This is a question I come across very often. I am new to the stocks markets how do I begin investing? I had done a guest post for Subhankar's blog. The link is as below:http://investmentsfordummieslikeme.blogspot.com/2011/09/beginners-guide-to-stock-investing.h...

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Decisive Week Ahead

The Markets gave up almost all their gains on Friday and closed up only 0.4 pc for the week. The next week is crucial because the RBI policy is on Friday which will give further directions to the market.1. If we take the rally from 4720 to 5169, retracement levels come to 4997. 4944 and 4891. Only a close below 4891 will indicate fresh new lows.2. There could be 2 possibilities of this corrective up move. 1 is that the entire up move is done and...

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Technicals for the Week

The markets closed up 6.2 pc for the week to end at 5040. Let us look at what is in store for the coming week.1. We have a short term low in place as the market cleared the previous high of 4965 quite comfortably and closed above it for the past 2 days.2. This means the down move from 5944 is in its 4th wave up. Retracement targets could be 5110 (already done), 5230 and 5350.3. 4th Wave is in three legs A-B-C. A may be done at 5114. B could end at...

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Stock Picking in the Downturn

I keep getting queries which are the stocks to buy in this season of downturn. My friend Lakshmi whose Technical Analysis I love has come up with a shopping list. Have a look at her blog at below link:http://vipreetinvestments.blogspot.com/2011/09/wanna-shop-with-me_02.h...

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