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8th August, 2011

SGX suggests a soft open, no panic.

As I write this at 7.18 AM. the SGX Nifty suggests an 85 point decline. This is really not bad news. On Friday, the Nifty had touched 5100, so if

7th August, 2011

Waiting for tomorrow.

About 27 months ago, Election results announced on Saturday gave a victory to the UPA coaltion. This was market friendly news, therefore the markets were expected to gap much higher

6th August, 2011

The Downgrade & A Lesson in Chart Patterns.

Saturday morning in India brought really breaking news - that the S&P had downgraded USA. The news was quite exciting for business news channels, with many running exclusive programs on

5th August, 2011

Buy when base building starts.

When markets fall sharply and dramatically, the desire to buy comes out strongly. But, this is not a good idea. Traders and Investors cannot buy randomly. There must be a

7th July, 2011

The expansion Phase: Like a rocket.

After five days of narrow trading ranges, the Nifty finally took off , and it did it in style. On Thursday, (today), the Index opened almost flat, then broke above