How have the markets fared in April?

The month of March has drawn to a close. Let us see how the markets have usually fared in the month of April. March ended with a marginal loss of 0.2 pc which was ironically the average loss in the month of March.1. The month of April has almost always seen a loss of at least 2-3 pc below the March close. This implies that 5500-5550 should be tested at least once.2. The month of April has been positive 5 times and negative 7 times in the past 12...

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Time for a Bounce?

The markets had a free fall in the last week losing about 3.8 pc. There seems to be despondency all around. Is it really all gloom and doom as portrayed? This week let us step back and look at the next 1 year.1. The elections can be held latest by April 2014. There are 3 windows right now, September 2013, December 2013 or April 2014. The most likely option looks to be December or April. The reason for this being is that the logistics demand at least 3 months post the the Government falls. June-September is the Monsoon season in India.2. For all...

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Will the RBI cut Interest Rates?

The markets are having a roller coaster ride. They are up 1 day and down the other. So, let us see what they have in store for us for the remainder of this financial year. For the last week, the markets were down 0.6 pc.1. The key event for the next week is the RBI policy on Tuesday. If there is a rate cut, the markets will rally. I think there would be a rate cut in some form. Let us see what the RBI Governor has in store for us.2. The advance tax figures may point to some revival in growth figures.It is ow for the RBI and the Government to build...

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Will the Rally sustain?

The markets rallied by 4 pc in the past week. The rally caught many by surprise and let us what lies ahead for the rest of the month. Whatever be the short term direction of the market, India remains a strong growth story in the long term.1. 15th March is the time to pay advance tax final installment. market typically remains subdued expect in a few years.2. The inflation numbers are out next week and the RBI policy on the 19th of March. Any rate cuts and the markets will rally.3. The Government has made a lot of announcements, a pragmatic budget...

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Option Strategy for March

Here is 1 Option Strategy that can be tried out.Sell March 5900 call @ 44 or more.Hold till expiry.If Market touched 5900, buy 6000 March Call.Will keep you updated in this thread if any change in positionsNote: Please refer comment section of this thread for updates....

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How have the Markets fared in March?

It is a new month and time to again check statistically how the markets have fared in the month of March. The expected range for Feb was breached on the lower side thanks to the budget day effects. The downward bias was maintained in the month.Gains in March over the years1. Traditionally, march has been a down month with 7 out of 12 past years it showing a negative bias. Only 2006 and 2009 have been huge positive years.2. The good news is that whenever...

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