Over the past decade the interest rate differential between US and India has been constantly going down. This has largely been due to stronger fiscal position of India and also gradual weakening of US Public Finances. This has led to the Rupee becoming more stable against the Greenback, thereby reducing the rate of inflation in India. Further, this has resulted...
Bond Yields in India are anchored at 7% whereas in US the curve is inverted and interest rates are going to be 'higher for longer'. Inspite of this Rupee is not getting hammerred, due to huge forex reserves and even the Indian stock market is fairly resilient, thanks to deluge of local money. So going forward, a long term investor is likely to benefit if he/ she...
Thanks from Bottom of my heart to "Sir John Murphy" for giving us such a wonderful book on Intermarket Analysis - "Profiting from Global Market Relationships" Special thanks to my friend & follower who wrote - Think beyond Red & Green Colours. I would love to have your comment once again here in this idea as well. Wish You all a Happy & Colorful Holi ...
USDINR Algorithmic + Technical Derivation of Levels Please feel free to comment and share ur findings
DOW Monthly Kijun has always been held since the Sub-Prime lows. If 25600-24800 gives way then 22700 would become a possible target USD INR Monthly has made a Bearish Harmonic AB=CD. Weekly has done its minimum Dragon target, further sustaining above 74.75 would take it to 77 to complete its next Dragon target Daily has also made a Bearish Harmonic AB=CD. Ideally...
Educational Purpose.
Super Excited to Start This Idea with Marathi Musical Piece - Ghan Othanbun "Yeti" by Legendary Singer - "Lata Mangeshkar Ji" which compliments by Blue Microphone "Yeti". Thanks for your precious time & I wish all of you a lovely & terrific week ahead. Trading Strategy Plan A – Getting an opportunity close to 12200-12225 – Buy with strict stops below...