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Subhankar

How to position yourself for the Budget – a guest post

Posted by on February 25, 2015 18:35 pm · 50 views

in Stock Trading

The Finance Minister will present Modi government’s first full budget on Saturday, Feb 28. Will it be a ‘dream’ budget, or a ‘realistic’ budget or a ‘populist’ Budget? Speculation is rife, and all kinds of rumours are floating around – as is often the case during budget week. The Railway budget will be presented on […]


WTI and Brent Crude Oil charts: an update

Posted by on February 24, 2015 19:29 pm · 22 views

in Stock Trading

The following comments appeared in the previous post on the daily bar chart pattern of WTI Crudeoil: “A convincing move above the 50 day EMA and the 58 level may provide the first sign that a change of trend is in the offing. However, oil’s price is trading well below its falling 200 day EMA in a long-term bear […]


The daily bar chart pattern of S&P 500 closed at a new lifetime high of 2110, after consolidating a bit near the 2110 level. All three EMAs are rising, and the index is trading well above them in a long-term bull market. However, there are a couple of dark clouds on the horizon. Note that volumes have […]


Sensex, Nifty charts: anticipating a good budget?

Posted by on February 22, 2015 13:05 pm · 56 views

in Stock Trading

In a holiday-shortened trading week, FIIs were heavy net buyers of equity on Feb 18 & 19 – cancelling out their entire net selling during the month. DIIs continued with their net buying. Yet, both Sensex and Nifty gained only marginally for the week. The first round of 19 coal block auctions raised nearly Rs […]


Gold and Silver charts: an update

Posted by on February 17, 2015 19:21 pm · 20 views

in Stock Trading

The following comments appeared in the previous post on the daily bar chart pattern of silver: “Silver’s price may consolidate near the neckline of the inverse head-and-shoulders pattern before making another attempt to enter bull territory.” Note that silver’s price has been consolidating sideways in a range between 16.50 and 17.50 – gyrating about the downward-sloping neckline of the […]


S&P 500, FTSE 100 charts: bulls regaining control?

Posted by on February 16, 2015 21:04 pm · 26 views

in Stock Trading

The daily bar chart pattern of S&P 500 received good support from its rising 20 day EMA inside the rectangular band between 1988 and 2064 within which it was consolidating since the beginning of the year. The index bounced up to test the upper edge of the rectangle, and then broke out upwards to reach a new […]


Sensex, Nifty charts: in pre-budget rally modes

Posted by on February 15, 2015 9:55 am · 62 views

in Stock Trading

FIIs turned net buyers of equity on Fri. Feb 13 after being net sellers since the beginning of the month. Their net selling has totalled Rs 3400 Crores. DIIs continued to buy – their net buying for Feb ‘15 totalling Rs 2300 Crores so far. Both Sensex and Nifty have bounced up from their respective […]


6 Rules From 6 Of The World’s Top Investors

Posted by on February 12, 2015 21:11 pm · 40 views

in Stock Trading

If you are like most small investors (and yours truly was not an exception), you probably entered the market with a few thousand Rupees to spare and absolutely zero idea about how the stock market works. If the first stock you bought did not fall immediately after you bought it – you were lucky rather […]


Nifty chart: a mid-week update (Feb 11 ‘15)

Posted by on February 11, 2015 21:58 pm · 41 views

in Stock Trading

In a classic reversal of stock investment wisdom, market players sold on rumour and bought on news. Exit polls showed an AAP victory in the Delhi election – Nifty dropped with a downward ‘gap’. Actual results showed an unprecedented margin of victory – Nifty rose two days in a row! What on earth is going on here? The logic […]


WTI and Brent Crude Oil charts: bear market rallies stalled?

Posted by on February 10, 2015 20:05 pm · 23 views

in Stock Trading

In the previous post on the daily bar chart pattern of WTI Crude oil, bears appeared to be tightening their grip even as oil’s price was attempting to find a bottom at 45. After closing below the 45 level two days in a row, a small bullish ‘falling wedge’ pattern got formed – from which oil’s price broke out […]


The daily bar chart pattern of S&P 500 continued its sideways consolidation within a rectangular band between 1988 and 2064. On Mon. Feb 2, the index dropped below 1988 intraday, but bounced up to close above 2020 – forming a bullish ‘reversal day’ pattern (lower low, higher close). The index rallied for the rest of the week, […]


After strong rallies in Jan ‘15, both Sensex and Nifty were in corrective modes during the first trading week of Feb ‘15. As per provisional figures, FIIs were net sellers of equity on all 5 days, for a total of Rs 1100 Crores. DIIs were net sellers during the first 3 days, but their net […]


Nifty chart: a mid-week update (Feb 04 ‘15)

Posted by on February 4, 2015 19:43 pm · 55 views

in Stock Trading

Some analysts were hoping for another interest rate cut this week. However, the consensus estimate was that after the surprising rate cut announcement  in Jan ‘15, RBI will hold off on further cuts till the budget at the end of this month. So, the status quo announcement by RBI – except for a minor cut […]


Gold and Silver charts: pullback after upward break outs

Posted by on February 3, 2015 20:35 pm · 33 views

in Stock Trading

In the previous post on the daily chart pattern of gold, a break out above the neckline of an inverse head-and-shoulders reversal pattern was followed by a high-volume break out above the 200 day EMA. That had led to the conclusion that the 40 months long bear market was over. As often happens following a break out above a […]


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