Akshay15

Akshay15

Indicator at the bottom of the chart shows that pair has deviated to extreme negative side from its average. Trade here is to Buy Britannia futures & Sell Heromoto futures hoping there would be convergence to mean. Month of Feb has not been good for Heromoto in last 5 years.

Akshay15

I have been experimenting with pairs trading for quite some time now. I can see there is island gap reversal in kotakbank/Hdfcbank ratio chart. I don't know whether it is going to work but it will be interesting to see how it unfolds from here. The trade you are supposed to take is Short Hdfc Bank Futures & Long Kotak Bank Futures.

Akshay15

The chart compares Auto Index to IT index, as we can see the valuation of Autos compared to IT has reached lows of 2008. What we get to know from this is that either Auto index is under priced or IT has become over priced. My bias is that auto sector investments would return quite good returns 3-4 years down the line.

Akshay15

Tata Motors is coming out of long term down trend. Do not wait for Fundamentals to turn around "BUY" now. Right time to Buy is when things are real BAD.

Akshay15

Instead of chasing high flying stocks look for trades which are ignored in frenzy. LT looks good buy on dips. Buy and hold for next few years for wealth creation.

Akshay15

Not a good risk reward to initiate fresh longs in Infosys.

Akshay15

What i am publishing is the ratio chart of Maruti to Hindunlever every time the bottom in Ratio chart of Maruti to HUL has coincided with bottom in Nifty & overall markets. The simple thought behind why this happens is that Maruti represents discretionary spend where as HUL is consumer staple stocks where you wont cut spending even if economy is doing worse. At...

Akshay15

Infy is at the top of a long term trendline resistance. Not a good time to Invest in stock.

Akshay15

Nikkei 225 is in consolidation before it resumes uptrend, How to profit from it as in India you can't trade Nikkei. Well Short "Japanese Yen"

Akshay15

Titan is making classical H&S pattern on daily chart.

Akshay15

Infosys is trading at the Top of the channel range. Risk-Reward Not at all in favor of Buyers.

Akshay15

Looking at the whole pharma space it seems all the stocks will breakout. I am betting on Lupin though. Momentum on MACD & Aroon Indicator both looking very positive on Weekly chart. Get Ready for long & sustainable uptrend in Lupin & even other pharma stocks.

Akshay15

India Bonds were on a long term downtrend, Now daily as well as weekly structure looks positive now.

Akshay15

UJ has broken downtrend which started in January. With Stock Market On a Recovery Mode It seems that pair would continue moving up as markets start to stabilize.

Akshay15

JPYINR was taking a Support at 50-EMA through this rally that began In January, On Friday the pair closed below 50-EMA which is the sign that it is ready to give up some of it's gain & may fall back to is's support around 0.59

Akshay15

USDINR has broke out from downward sloping sloping trendline as one can notice, every dip is a buying opportunity.

Akshay15

If Euro is unable to close above this trendline which it broke just a while ago, be careful it can resume new down trend.

Akshay15

Momentum indicator on a weekly time frame is suggesting that Euro is going up but with decreasing momentum, In that case it is very high possibility that Eur/Usd pair will soon follow momentum on a higher time frame & start trending south. In addition long build up In Euro by Non-Commercials is at highest levels since 2009.