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15th July, 2008

Nifty falls again, large risks of a free fall

The Nifty continued its trending move, falling again to new lows, breaking the 4000 level decisively, then touching and closing at 3850. It is possible that 3850 may provide short

14th July, 2008

Nifty in a Box

The Nifty again moved in a narrow range today, suggesting indecision. It seems the bulls and bears are equally matched. However, periods of indecision do not last long. The Index

13th July, 2008

Stagflation: Inflation with no Growth

Friday's numbers on Inflation (almost 12% - highest since 1995) and Industrial production growth (3.8% - lowest in six years) have caused a great deal of worry for the Indian

12th July, 2008

Proprietary Trading in Derivatives: A Time Bomb?

Lehman Brothers & Bears Stearns, two of the largest brokerages in the USA have fallen in deep trouble. While Bears has been sold, Lehman is on the verge of such

11th July, 2008

The Nifty has a big move – It is Down!

On Thursday, I had suggested that the Nifty has a technical pattern that suggests a big move is coming. Today, Friday, that big move has come. The Nifty opened almost