IDFC: Reversion To Mean, A Buying Opportunity
February 6, 2013While paging through a few charts, IDFC caught my attention. I was reminded of my mentor’s quote “there are no accidents in price”. Stock price has this tendency to get…Continue Reading
Tata Motors: Short-term Buying Opportunity?
February 4, 2013The price action in the Tata Motors stock has been volatile during the past few weeks. From the daily chart featured below, it is apparent that the stock cracked sharply…Continue Reading
Nifty: Loss of Momentum, So What?
January 31, 2013Lots of analysts and market participants have highlighted and also been concerned about the loss of momentum behind the recent leg of the rally in the Nifty. But a logical…Continue Reading
BSE FMCG Index: Moving Fast The Other Way!
January 23, 2013Hindustan Unilever has been a laggard of late. Saying today that the stock is in a short-term downtrend is of no particular value, especially after a 10%+ fall in the…Continue Reading
Indian Rupee: A Technical Perspective
January 22, 2013India’s widening current account deficit is a cause of concern and the government has been under pressure to reign in the deficit. The government has taken a few measures including…Continue Reading
Nifty: Shift in Frequency
January 16, 2013Let me start off with a simple analogy before getting any further. I have an old radio which works pretty fine. I listen to my favorite program in Radio Mirchi…Continue Reading
Nifty & ITC: A Twist To Retracement
January 9, 2013Anyone interested in Technical Analysis would have read about Fibonacci Retracement, projections and the fractal nature of markets. Typically, analyst use the prior up-swing to identify potential area of support…Continue Reading
Typical Trading Mistakes To Avoid
January 3, 2013With the dawn of the new year, it is customary to talk about resolutions, irrespective of whether we follow it or not. Let’s talk about the typical mistakes a trader…Continue Reading
Nifty: Outlook For 2013
December 20, 2012It’s that part of the year when it is time to discuss the outlook for the year ahead. We had last discussed the outlook for the Nifty on November 16.…Continue Reading
Aegis Logistics: The Recipe For a Breakout
December 5, 2012Aegis Logistics features prominently in the gainers list today with a rally of about 12%. This rally has resulted in a big breakout which would attract the attention of lots…Continue Reading
