The markets came back strongly on Friday to gain 0.2 pc for the week. Let us look at the road map for the coming week and also what the markets may do in the month of February.1. The good results have been pouring in. This week saw Maruti post fantastic results. The results are priced in at a price of 6000 +.2. Our range for the month of January was 5830 to 6130. The markets may test the upper end of the range in the last trading week for this month.3. A 25 basis points cut is factored in the prices. Anything more and the markets will rally. At...
Sunday, 27 January 2013
Saturday, 19 January 2013
The Nifty gained another 1.9 pc for the week. Improved earnings, positive reforms from the Government all helped the markets go higher. Let us try and see what is next for the markets.2 of the 3 events which were mentioned in the last week post are out of the way. The Credit policy remains as the next trigger.In the post 2 weeks back, we had spoken of the probable range for the Nifty, it was 5880-6080 we are at the higher end of the range and I expect the lower part of the range to be tested.Why do I feel the lower end of the range will be tested?...
Saturday, 12 January 2013
Last week, we did a quantitative analysis of what can be the range of the markets for the month of January. 9 out of 23 sessions for the month are done with and we are on track with the predicted numbers. Lets take a look at the events which can trigger the expected range. The boundary wall based on statistics was 5850-6100. We have traversed quite a part of the range already.1. The Results season will be in full swing next week. Infosys with its guidance gave a thumbs up to the IT sector. More than the results, it was the guidance. Remeber,...
Saturday, 5 January 2013
It is a New Year and a very Happy New year to all. The markets typically tend to make a top in January February period. Let us look at how markets have performed in January typically.1. In the past 12 years, 10 times markets have been performing alternate to the performance in December. Which means if markets were positive in December than negative in Jan and vice-versa. This year the markets gained 0.4 pc in December so should be net negative...
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