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Wednesday, April 21, 2021

View: India should borrow more from the rest of the world and invest in infrastructure

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Trade setup: Nifty likely to witness more weakness; remain extremely cautious

Weakness should not be used to create incremental shorts. It is important to note that the Nifty is still inside the falling channel and...

E-mini Unlikely To Have Fourth Consecutive Bear Day

Pre-Open market analysis of daily chart Yesterday was the third consecutive bear day. The bear bodies are getting bigger so the momentum down is increasing. These...

Covid-19 has come as a supply as well as demand shock resulting in the contraction of the economy. The private sector is no longer optimistic about the future and is unlikely to make long term investments.

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Trade setup: Nifty likely to witness more weakness; remain extremely cautious

Weakness should not be used to create incremental shorts. It is important to note that the Nifty is still inside the falling channel and...

E-mini Unlikely To Have Fourth Consecutive Bear Day

Pre-Open market analysis of daily chart Yesterday was the third consecutive bear day. The bear bodies are getting bigger so the momentum down is increasing. These...

AUD/USD Reversal

AUD/USD is currently at 0.7719 after a reversal in a range. We are looking for an immediate move to the ATR Target at...