This is Going to Make very strong move up , coming days to tame the inflation RBI likely to keep increasing the Interest rates at one point the Price can even reach 11.5 % + if you are Looking for safe Investments and trouble free then this is safe for you Good luck
10 year GSEC should shed the gains in the next few days. SL should be on or above 95.76 with appropriate 1:1 to 1:2 RR ratio at least targets can be 94.5 , 93.67 levels my choice would be to sell on a flat open with 60-70% position size add more shorts on rise add the rest when the low breaches
Bot some at 7.5% yield will add some more at 8% RBI need to stop managing the yield
Indian Bond Yields and spread tracker.Tracks term spread between select tenors
Indian Bond Yields and spread tracker.Tracks term spread between select tenors
Gsec India 10Y less 2 year. Historical term spread between 2 year and 10 year India Gsec yield
India GSec 10year vs 5 year. This seeks to compare term spread over a period of time
It is reaching above downward trendline breakout level. Equity may find outflow while funds may be moved to less risky asset like bond and gold
Classical CUP and HANDLE FORMATION happening in INDIA 10yr BOND YIELDS. Bullish on bond yields to move upto 7 mark from 6.1% range. Invalid below 5.9 levels on weekly closing basis.
Post the Budget, the 10 Year Yields are on the Rise and Bond Prices have started to correct. It would be interesting to see how it reacts post RBI Policy. If there is a breakdown, then Equity Markets may have a new wall of worry to tackle.
You can use this to trade Interest rates futures or long bonds. This is the 5th wave for Indian 10 year bond value. You can trade 645GS2029 IRF. In it's support you can see the chart of IN10Y Monthly chart, which makes an inverted Cup&Handle. You can also see this same chart in monthly tf which maks a cup&handle but slanted.
Now Interest rate on 10 Year Bond is about to a shoot up , one can look to Go long if they trade and stay with it till it makes to 8.25 +
India Bonds were on a long term downtrend, Now daily as well as weekly structure looks positive now.
Weekly chart 10 year yield broken 2 year resistance. It is currently in the middle of the upward channel. 2 year resistance line could possibly act as a support which is at 7.50%-7.52%. Yields could possibly retest support and then spike towards 8%. Bond traders should ideally look to go short in price (long in yields at 7.50%) with stop at yield equivalent of...