We Forecast .Markets Decide ..

What a year to start with ..China PMI prints lower than expected , the end result :- stocks plummeted all over the globe . As China slows down ..will be there a ripple effect on the world economy .. Emerging markets face a severe threat with the big money going towards more developed countries .. we have already seen EM currencies under pressure in 2015 ..an i think it will continue for this year , with most countries to lower down interest rates to spur economic growth , we can see the carnage in EM currencies in 2016 . S&P , DAX all were in red as most of the indices over the world ... Yen as the strongest currency today as rallying among all basket of currencies . ISM prints lower , is interest rate hike decision by the Fed was a correct move . I have included my Live account details ..even though its a low account size ..what matters most is am i trading with the acceptable draw-down levels and profit It will be visible on your right side of the screen .. My next post wi

Its being long ...I was unable to post on the blog ..with the New year ringing in i will be posting regular updates and i hope you will find by posts helpful Snapshot - 2015  We saw this year very good for the US dollar ...almost appreciating against all major currencies and i hope it will continue into the next year .European nations in a recession mode as economies not doing well at the moment and they may take time to come up or recover in 2016 . Commodities hit the hardest with Oil , Metals and Gold hitting all time lows ..any chance of reviving ..i dont think so in the next year .. An Average or flat returns on all the major index ...with most of them nonperforming this year ...the new year looks promising but as the global economy in the doldrums ..corp-orates need to work hard for better earnings .. I will post my favorite picks for the Year 2016 ..just researching a bit  Enjoy the new Year 2016 ..with lots of health and prosperity 

Being an expiry day ..was expecting volatility ..and Nifty finally closed in positive ..Looks like it may be range-bound in the May series before we rally around 8500 where it can face stiff resistance .Markets now open on Monday and i will be looking to sell Puts around 7800 - 7900 series and pocketing the premium  .. My Sell Nifty call closed in profit for April ..Overall i am still bullish on India and looking for a target around 9000 again for 2015 . Earnings not looking quite positive ...Investors can buy in small quantities on all Index stocks for good returns in 2015 . News update for today is that Finance bill was passed in the Lok Sabha and had given clarifications on MAT applicable to FII  S&P still managing around 2100 levels and is still looking bullish until it turns downward ..There were some positive data coming from the US and traders will be looking on key numbers from Japan ..#UsdJpy already rallying before the news ..as well as all other JPY crosses .. #EurUs

Nifty remained subdued and closed lower below 8300 ..As i write this blog all eyes are on FED statements and interest rate decision . Tomorrow being an expiry day .. i will avoid any trade and will look to take a decision next week . I will be looking to sell puts around 7900 levels ...There is a probability that Nifty may bounce near 8400 for a more downward bias ... Earnings not so great for the financial year .. Long term Investors can buy small amounts of Nifty ETF and accumulate for every drop of 150 points on the Nifty for a decent return .Its a nice opportunity to do some value buying in Sun Pharma , Tata Steel and L&T ..... Nifty can also take cues from today's FED decision on interest rates and the possibility to increase rates in near future . S&P looks bullish and may hit a new high before it makes a turn lower ...US GDP figures not upto the mark and looks like it may take some more time to emerge higher .Everyone will guage the FED statement for forward guida

There was quick drop in the Nifty and i was stopped out of my position for 50 points .. I will look to buy again if it reached 8150 levels ... Those who want to look at long term can buy Nifty ETF units at current prices I continue to hold my Buy #UsdJpy position ... More updates coming in the evening 

I am taking a buy on Nifty at 8345 ..May series with a strict SL of 8300 ...I am also buy #UsdJpy at 119 Happy Trading 

Nifty dropped below the crucial 8400 mark to close at 8300 ...It looks bearish and may reach 8100 levels . It will be a very good buy around that levels ..Those who are value buyers can consider to buy Nifty at current levels .. My sell call for Nifty is in the money and will wait till expiry ..I will create a new position for May series next week as i would now sell puts around 7800 levels ...Infosys earnings not so bright which also effected the markets ..coming up next week will be Maruti , ICICI Bank , Ultra Tech  and HDFC ... S&P was trying to attempt a high again and there is a possibility that it will touch a new high before it starts the downward journey ...Fed will meet next week and may show some hint on raising interest rates as thier economy now showing some signs of revival . Gold dropped and will look to buy this week , oil also reached it high for 2015 ...i don't have any positions in currencies but will look to short Euro again in case it reached 1.1 again