LET THE MARKET TELL WHO WE ARE

Sometimes, in unfavorable circumstances it becomes bit difficult to take a directional view on entire market or on a particular asset. But in financial markets we have seamless opportunities even at the times when your systems are not able to take a directional view on an asset or when fundamental and technical are not streamlined. Ratio trading is one of those opportunities. In past we suggested a ratio trade in gold and silver while gold silver ratio was at 120 and today this ratio stands at 76. Means people who traded this opportunity could bought 120 kg of silver by selling 1kg gold and now they can buy 1kg of gold just by selling 77 kg silver means this opportunity has earned you 43kg silver. Today again I am back with my analysis on BANK NIFTY and NIFTY ratio. Current Bank nifty- Nifty ratio stands at 1.94. Areas of 1.90 has served as good support for this ratio since 2012. However, this ratio has hit 1.62 during 2013 but was not able to spend much time in that territory and ...

  Success is not getting a highest paying job but success is when you get enough free time for yourself you can do whatever you want you can go wherever you want to go without concerning about your job and effecting your lifestyle.  Generally people waste their early age in preparing for govt. Jobs and they put their energy and time for preparing job but among those only few people get the govt. Jobs and rest stay jobless with wasted time of 3 to 5 years of their graduation and mostly spend their life jobless or with mediocre salary.   In India people In their early age after graduation don't have much pressure from family for earning and they usually use this time to prepare for competitive exams  for job and take some courses and among them only few people get job and rest remains jobless and then they keep blaming the system for their unemployment.  Let's take an example to understand magic of starting earning and saving in early age.  Because in ea...

This company is engaged in manufacturing of non-ferrous gravity and pressure die casting. Stock has last closed at 1387. Recently stock has made a higher low at 1294.95 compared to previous low at 1010.20 during the month of March after Corona outbreak. It’s a small cap company and according to last closing company stood at a market capitalization of 2807 crore. On price front company is trading near the lower end of 52 week’s high low range and also stock is staying below 50 and 200 days SMA keeping this stock in down trend on technical front. This company has yoy sales growth at 23.05% and 5 years annualized sales growth stands at 18.19% which can be considered a good thing. Return on equity stands at 18.76% and 5 years average return on equity stands at 17.85% and can be considered good. Debt to equity ratio stands near 3.29 and interest coverage stands at 2.16 times. Leverage ratios are not very attractive and one must be cautious before taking any investment decision i...

DATE           13/05/2020                                   HUDCO        Last closed   21.45  CMP   23.9    ROE                       11.29%                              ROCE                     8.43%                     DEBT/EQUITY    ...

#NIFTY index settled at 9859.90 up by 306.55 points on Thursday. It was a trading holiday in India on Friday but #SGX_NIFTY witnessed good decline on Friday that will cause a gap down opening in domestic markets today. On Friday nifty successfully tested its 50 days SMA that stands near 9836. Now areas of 9800 will remain crucial to watch out in next few days. If market consistently holds above 9840 zones then we will see this index retesting areas of 10100-10700 zones. A death cross between 50 and 200 days SMA has already taken place during the month of March 2020 and it has been observed in past when a down trend is triggered by a death cross it can last up 8 months 16 months easily. Market is already up by 31% and further upside from these levels seems less likely but still if index manages to hold above 9840 consistently then one must be ready for a retest to 10100-10600 zones. Areas of 10700-10800 will remain a crucial turning point. Crucial support is placed at 9300-9250...

In social media groups sometimes, I see people posting stock charts like I have posted above and then start discussing whether operators are active in this stock or there is some kind of manipulation and all that. However, I am not denying possibilities of manipulation but in a market, which has high level of regulatory framework is not that easy to manipulate.   But there is also investing/trading common sense that cause this type of movements in market. There is an investment theory called 'Efficient market hypothesis'. This theory states that it is not possible to outperform the market whether you have access to technical analysis, financial information or any other insider information.  In technical analysis we always use a statement called 'Price discounts everything' means Every information that could influence the price is already incorporated in to price.  So now the question is, is it possible to make money in market using technical or fundamen...