About Me

My photo
Mumbai, Maharashtra, India
Focusing on Treasury-Forex, Commodities, Trade Finance,Equity and International Stock Indices.I have been in Treasury and Forex since 1995.

Saturday, July 16, 2022

Rupee long run heading for 90 and 100 now at 79.76
Silver closed at 55600..Looks down..wait to buy in tranches at 49600 or 46300 last 40000.. target 1 lac long run

Saturday, January 12, 2019

Nifty

Nifty now at 10794..looks 11200...stop loss 10560


South Indian Bank



South Indian Bank trading at 15.70..Target 20..no need of stop loss required here




Wednesday, October 26, 2016

dr reddy lab

dr reddy lab 3230
kindly check my last update




Sunday, October 23, 2016

Dr Reddy Lab

Dr Reddy Lab trading at 3113

Looks 1st Target 3200
2nd Target 3300





Wednesday, October 19, 2016

Rupee Forecast Good Risk Reward

Rupee Trading at 66.70

Looks 63.90 within 4 to 6 months time

Stop Loss 67.70


Wednesday, October 5, 2016

Nifty Outlook Short term


Nifty place stop loss at 8830 with target of 8340







Sunday, February 8, 2015

Rupee Forecast

Rupee Trading at 61.84
Upside capped at 62.30 or max 62.60
If rupee breaks fails to break 63 than we can see 60.40


Tuesday, July 1, 2014

Rupee Forecast


Rupee now trading at 60.07

Rupee has a good chance to reach 62 levels
Strong support seen at 59.80 with stop at 59.30




Tuesday, June 10, 2014

Reliance Industries Forecast



Ril now trading at 1118
Target 1380

Vardhman Polytex Forecast



Vardhman Polytex trading at 46.55
Looks 80

Friday, May 30, 2014

TATA STEEL FORECAST



TATA STEEL NOW TRADING AT 475
TARGET 700 TO 900

Rupee Forecast- 1 week



Rupee now trading at 58.97
looks 59.60 stop loss 58.60

Friday, May 23, 2014

RUPEE FORECAST


Rupee trading at 58.52

Upside will be 59.20 to 59.80

Looks strong and heading for 57.50..if 57 breaks we can expect 54 to 55 range (This time its not elliott wave..Its NAMO Wave)

Looks like 57 will break

Increased selling of the dollar by banks & exporters and foreign capital inflows

Nifty looks 9000 target..if 7800 breaks---- so you can expect rupee to go stronger







Tuesday, May 20, 2014

SAIL Forecast


SAIL Current Price is trading at 88.80
My Personal Target 140 after 6 to 8 months






Tuesday, April 22, 2014

SBI


Dear All
we have recommended to buy SBI on march 1st 2014 at 1531 today it is at 2070







Saturday, March 1, 2014

SBI Forecast



SBI now trading at 1531
My Target 2000 after 2 to 3 months
Stop Loss 1300

Wednesday, June 19, 2013

Rupee Update




Since My stop Loss triggered now next target for rupee is 59.40 and 60.30
Strategy: Buy Dollar at cmp stop loss 58.60

Monday, April 22, 2013

Rupee Outlook



Rupee looks 51.5

looks like it will break 53.7

upside capped at 55.4

kindly check the graph

Sunday, April 21, 2013

SILVER MCX



Silver MCX now trading at 43278

looks down to 35000 and than 28000 within 6 to 8 months time

kindly check the graph

Saturday, January 26, 2013

Gold Forecast ( Good Risk Reward Ratio)



Gold Now trading at $1678
Gold Looks $1250 within 1 year
stop loss 1725

Saturday, January 19, 2013

Rupee Forecast

Rupee now trading at 53.99



Rupee has been on one way down broke the trendline at 54.40…Sell on rise…Stop Loss 54.7 or 55.10



Technically, immediate target 52.60. Any move below 52.60 will target 51.50 for sure



My Personal Target 51.50 is most likely and should be pretty soon!!


As Veeru says to Jay in the movie Sholay,” Kyon Jay mein kuch jyada tho nahin bol gaya”



On that Jay replies, ” Partner ab bol hi diya hain tho dekh lenge”



Kindly check the Daily and Weekly Graph and the trailing mail



Please Note: This content of this report are based on my personal view.


Saturday, January 5, 2013

RIL

Dear All RIL CMP is 861.85 Summary: RIL weekly chart looks inverse head and shoulder pattern Could it mean that downtrend is Over ??? Target: Distance between the head and the neckline My Personal Target is 1080 Within 3 to 4 Months
Kindly check the graph Please Note: This report are based on my personal view

Saturday, November 24, 2012

RUPEE OUTLOOK

Dear All
Rupee CMP is at 55.525..market is approaching the trendline resistance at 55.75 and max 56.60 Looks like Rising Wedge Formation Normally when rising wedge formation occurs the break out is always on downside and not on upside, very rare the break out is on upside, so my minimum target now will be 53.6 Stop Loss: 56.8 Kindly check the graph Regards Please Note: This content of this report are based on my personal view.

Thursday, October 4, 2012

Rupee View

Dear All Rupee CMP is at 51.9..Market is approaching 51.04...and maximum to 50.13 Strategy: Buy at 50.5 Stop Loss 49.20 My Target 65 by June 2013 Kindly check the graph
Please Note: The content of this report are based on my personal view. Kindly Note: There are lot of foreign banks have started forecasting 48 and 46, so be careful....when they forecast nothing happens...I still remember when sensex was at 21000 in Jan 2008 they forecasted 32000.......I am still waiting for 32000

Wednesday, July 4, 2012

Rupee Outlook (The Dark Side)

Dear All Rupee Outlook (The Dark Side) Rupee strengthening is just a correction, don’t expect more from the market. Downside: 53 or Max 52 Upside: 62
Kindly check the graph Regards

Saturday, June 2, 2012

SENSEX OUTLOOK

Dear All I am waiting for 12000 market looks bad

Friday, May 11, 2012

Beware of Euro

Euro Heading for 1.12 within 1 year time

Rupee Forecast

Dear All Rupee has moved into uncharted territory, looks upside with a stop loss of 52.20 for a target of 56 to 58 within 6 to 8 months time.
Since beginning of March Rupee depreciated by 10% against the USD, the RBI uncomfortable with the Rupee depreciating at faster pace and has asked exporters toconvert half of their balances in the exchange earner's foreign currency (EEFC) account to rupees. Widening current account deficits and inflationary pressures are still there