Are rates ready to slide?
Banks ahead of monetary policy
There is big anticipation that RBI Gov will give a broad hint on monetary policy trajectory over next 12 months. Will that be viewed as Bullish by the market?
How will monetary policy impact USDINR
USDINR on weekly chart has created a well defined barrier around 63.91. The big question: Will INR depreciate below 63.91 on weekly basis?
Sun Pharma: End of Good times?
Every good thing comes to an end. Sun Pharma after spectacular rise over last 5-6 years now sliding down with big gaps in between. This is not a good sign. Will this decline be used by dip buyers or more selling will follow. Well only time will tell. Lots of time - stock outperformance for long period of time becomes a reason for stock underperformance for long time to come.
Bharti: Ready for Good Times?
Bharti Telecom despite all odds is trying to break past 415 on weekly basis. Does this mean - stock is getting set to outperform after a long long time. One cannot dismiss this scenario
ITC: Settling in a range
Is ITC settling in a range? The stock seems to be finding support at 315 but will face selling near 345 range
Prestige Estates: Trying to Breakout to New High
Most of the Real Estate stocks are struggling but here's one stock that's consistently making effort to make new HIGHS. Can it cross over above 290-300?
Oberoi Realty: Another Real Estate player ready to breakout
It's difficult to comprehend that why some Real estate stocks are showing bullishness especially when fundamental noise is not great. But remember what market participants think about a stock matters more than what fundamentals you hear. Stocks poised to make new highs means bullish times ahead for the stock.
NBCC at 200 dma
Strong stocks in Bull market are buys at 200 dma. Can we apply this logic for NBCC? Is the stock a buy? Will 200 dma hold?
Marksans Pharma: Consolidation over above 200 dma
Marksans Pharma stock has quietly consolidated for long time above 200 dma. In last couple of trading days - stock has taken off and it seems its ready to run once again. The question: Will it?
If the markets were certain then there would be no markets. No one can give you a 100% guarantee of what market will do; all we know is what it can do.
- Talking to stock through charts
- Chart Check: Focus on USD
- Chart Talk Searching for Direction
- Chart Talk May 26 2015
- Chart to watch on May 25 2015
- Ten Charts to keep an eye on May 20 2015
Please share your comments on what you think of above stock observations
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers