Bulls & Bear Hfund of India

Dow Jones Dow Jones closed @ 15116.11 -208.42 (-1.36%) NQ 100 2981.76 -30.08 (-1.00%) S&P 500 1630.74 -23.67 (-1.43%) And the Dowjones making all time highs also slides from highs of 15,500 plus now if a downtrend starts in dowjones and fii dont invest in india indian rupee depreciating what shall happen to the Indian Market is any Body Guess

Rupee Heads for Biggest Monthly Decline in a Year Indian rupee headed for its worst month in a year on concern any reduction in bond-buying by the Federal Reserve will curb dollar supply, leaving the Asian currency vulnerable to a record current-account deficit. The rupee weakened 4.8% this month to 56.53 against US$ as of 10:16 a.m. in Mumbai, the biggest loss since May 2012, It dropped 0.3% today, touching the weakest level since June 29, 2012, and fell 1.6% this week. India’s balance of payments is under stress, RBI Governor Duvvuri Subbarao said in Ahmedabad yesterday, adding that it is a challenge to attract stable capital flows. "The shortfall in the current account, the broadest measure of trade, probably widened to a record of around 5% of GDP in the year ended March 31.Global funds have been net sellers of rupee-denominated debt each day since holdings touched a record $38.5 billion on May 21, exchange data show, while they have bought $14.9 billio

The long term posetive trend shall start once silver is above 24.3 $ .......till then as soon as it reaches this level sell on all major rallies   A break below 22 shall show levels of 20   Abreak out above 23.5 shall show 25 $

New Series ..................New Thoughts ...........................New Views Nifty has made a High of 6250 in the previous series and a low of 5500 In the current month (June) the series Begin at 6120 The Bank Nifty at 12,800 Many stocks like DLF have made a fresh Low of 205 and 7 days back trading at 250 plus levels Going Further The Nifty is negative and shall turn posetive when it crosses 6280 The Bank Nifty is negative and shall turn posetive above 13,400 levels Stratergy Sell Nifty and Bank Nifty at the current levels and Target Lower levels previous highs mentioned above as Stop Loss and Enjoy Stocks should be avaoided to be bought at current levels . They should be bought around 5800 levels or below

Reserve  Bank of India  study has brought into light irregularities that are plaguing the entire banking system. The recent expose by Cobrapost was limited to questionable transactions in Axis Bank  ,  ICICI Bank  and  HDFC Bank  , but the RBI study has found out Know Your Customer (KYC) and anti-money laundering (AML) violations in a thematic study of 30 banks, sources told Gopika Gopakumar of CNBC-TV18. These findings have been forwarded to all the 30 banks and the RBI is now looking to share the details of this report with various regulators to possibly modify the existing regulations. On KYC and AML violations, the RBI study has found that many banks have violated with regards to multiple issue of demand draft (DD) worth over Rs 50000, some banks even had no system to monitor split cash transaction. These banks include  Kotak Mahindra Bank  , State Bank of India ( SBI  ),  Bank of Baroda  (BoB) and  Central Bank  . The other finding is with respect to sundry deposit. Sundr

Tata Motors   on Wednesday reported a lower-than-expected 37 percent decline in fourth quarter consolidated net profit at Rs 3,945 crore. While its British luxury Jaguar Land Rover unit continued to see strong growth, domestic operations remained a drag posting a loss of Rs 312 crore in Jan-March, compared with a profit of Rs 565 crore in the year ago quarter. Standalone revenue declined 32 percent to Rs 11,068 crore. On a consolidated basis, Tata Motors' revenue was at Rs 56,002 crore in Jan-March up 10 percent. It must be noted that JLR's net profit in the year ago quarter was boosted by a credit of GBP 225 million (Rs 1,794 crore) for past income tax losses. Analysts on average had expected the company to report a consolidated net profit of Rs 2,990 crore, on revenue of Rs 53,000 crore according to a CNBC-TV18 poll. Tata Motors' consolidated EBITDA (earnings before interest, taxes depreciation and amortization) margin expanded to 14.9 percent from 14.

The Nifty has rallied for the Past 2 Days . Some correction expected before Expiry . Expiry expected around 6000 mark . Lets wait and watch where it finally ends 

Gold Update :- Breaking News : COMEX Gold Short Position at all time High.Short positions in gold have risen 25% in the last 3 weeks. Gold Closed yesterday at 1386.57 USD, Gold having major resistance at 1405/1415 USD if it crosses and stays above then again i can see upward direction up to 1445-1455-1465-1485 USD levels.Gold having crucial resistance at 1490/1495 USD level. Also metal having major support at 1334/1321 USD if it breaks and stays or closes below then a Huge Downfall will be seen in the Yellow Metals. Below 1334/1321, my Ultimat target for Gold will 1249.50/1156.85 USD Levels.

Nifty opened gap up as expected. Nikkie not only recovered but was in positive territory from yesterdays levels. This is simply because there are set norms in the market where some or other investors come as value buyers.  In India this is just impossible as there is cash settlement. Even if I have Rs 10000 crs today for investment in equity I cannot invest in equity for the simple reason there cannot be fair return on my investments in India unless I am part of the cartel either bear or bull. Hence genuine cash rich straight forward investors will never invest in Indian markets in current scenario where stock prices fluctuate 30 to 50% just for the settlement issues. I had mentioned when Wockhardt was at Rs 1900 to stay away from this stock as any downgrade can wipe off your 50% of investment in no time. See what happened...? From high of Rs 2100 low of Rs 1060 on the FDI export ban. Now from hereon Wockhardt will rise again to Rs 150 0 and 1600 from there again selling will start. V

http://wealth18.com/ e-gold-by-national-spot-exchang e-nsel-review-benefits-buying- process-charges-tax-aspects/

Dear Friends, My view today In SGX Nifty Daily Charts "Three Black Crow" Bearish Reversal Pattern formed. Very Powerful and disaster bearish reversal pattern. At the time of Lehman Brothers Fall and down circuits in India same pattern formed in Nifty. This is very rare pattern and forms rarely, from 2010 only 9 times this pattern formed in SGX Nifty and out of 9 times 6 times confirmed and given 120% plus profitable signal. BEARISH THREE BLACK CROWS Definition : This pattern indicates a strong reversal in the market. It is characterized by three normal or long candlesticks decrementing downwards. The opening of each day is slightly higher than previous close and prices progressively close at lower levels. This staircase like behavior signals the reversal of the trend. Recognition Criteria : 1. The market is characterized by a prevailing uptrend. 2. Three consecutive normal or long black candlesticks are observed. 3. Each candlestick opens within the body of the

@@ Analysis: As economy strengthens, a bonds sell-off may beckon @@ The U.S. government bond market has weakened in recent weeks but some investment strategists fear that this may only be the beginning of an extended sell-off. They point to the relative strength of the U.S. economy with the labor market stronger than anticipated, retail sales rising and consumer sentiment climbing to its highest level in almost six years. Even the U.S. budget deficit is narrowing at a surprisingly fast pace. There has been some debate as to whether the stock market is reflecting reality given the 17 percent gains in the S&P 500 to a new record this year. But some prominent strategists say it is the bond market, not stocks, that is out of step with economic conditions. James Paulsen, chief investment strategist at Wells Capital Management in Minneapolis, said the investor confidence that has boosted risky assets like junk bonds and equities will soon lead to a move away from Treasuries. "I don

Gold edged higher on Wednesday, buoyed by a weaker dollar after Federal Reserve officials dampened expectations that the U.S. central bank may soon exit its bullion-friendly bond purchases. * Spot gold rose 0.3 percent to $1,379.56 an ounce by 0108 GMT, but remains not far off a two-year low. Spot silver gained 1 percent to $22.61 an ounce, regaining more ground after dropping to 2-1/2-year lows earlier this week. * U.S. gold was little changed at $1,378.80 an ounce. * Gold has been pressured in recent weeks by fears the Federal Reserve could scale back or halt its monthly $85 billion bond purchases that have buoyed bullion's appeal as a hedge against inflation. * But New York Fed President William Dudley and St. Louis Fed chief James Bullard, who will both vote at the June 18-19 meeting, made clear further economic progress was needed before they would support curtailing bond purchases. * Investors are eyeing Fed Chairman Ben Bernanke's testimony in Congress about the state o

Posting Long Term Wave Counts on Nifty & Dow Jones Industrial Average. The two most Popular Indices Tracked by Many Indian Investors. NIFTY - Nifty completed its Cycle Degree Wave 1 in Jan 2008 and has been in consolidation phase since past 5 years. Though currently Nifty is near the All Time Highs from EW perspective the Rallies still look Corrective. The Sharp 2008 Fall has been marked as (W) & 2009-2010 Rally back to 6338 has been marked as (X) Wave. Currently Nifty looks to be in (Y) Wave which might be developing as more complex corrective. The year long Uptrend which started back in Dec 2011 looks to be in its Final phase. This Wedge Shaped Corrective Pattern has Resistance Near 6300. Also as per Fibonacci Ratios 61.8% Retracement of Y comes near 6300. Post this Huge Sell off might be witnessed on Nifty. So those who are planning to Invest in Equities at Current level shall be careful. I would like to revise any alternate count only in case Nifty crosses 6358.. DJIA - Do

Silver Technically 

Gold Chart

India’s rupee fell the most in a week on concern the Federal Reserve will scale back stimulus measures that have  contributed to inflows to emerging markets. Fed Bank of San Francisco President John Williams said yesterday that the  central bank may reduce its $85 billion in monthly bond-buying as early as this summer amid signs the economy is  gaining strength. India’s highest interest rate among Asia’s largest economies will attract foreign capital, limiting the  rupee’s losses, according to DBS Bank Ltd. Global funds boosted holdings of Indian debt to a record $37.8 billion on  May 15, exchange data show, as the 10-year sovereign note offers 547 basis points more than similar-maturity U.S. Treasuries. Americans’ confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth. The gain in confidence shows Americans are overcoming the effects of higher taxes and a package of federal spendi

Q4 March 2013/year ended 31 March 2013 (FY 2013) results next week. Coal India unveils standalone FY 2013 results on Monday, 20 May 2013.  L&T unveils Q4 results on Wednesday, 22 May 2013.  State Bank of India, Tata Steel and Bharat Heavy Electricals (Bhel) unveil Q4 results on Friday, 23 May 2013. Coal India unveils consolidated FY 2013 results on 27 May 2013. Sun Pharma, Power Grid Corporation of India, GAIL (India) and Hindalco Industries unveil Q4 results on 28 May 2013. Tata Motors, ONGC, NMDC and BPCL unveil Q4 results on 29 May 2013. M&M and Tata Power unveil Q4 results on 30 May 2013

Event Calendar Period : 13th May – 31st May 2013 India • April Eight Infrastructure Industries (27-31 May) • Q1 Qtrly yoy% (31 May) • Apr Fiscal Deficit (31 May) US • Fed release FOMC meeting minutes (22 May) • Initial jobless claims (23 May) • Apr Durable goods orders (24 May) • May Consumer Confidence (28 May) • Q1 GDP QoQ (30 May) • Initial Jobless Claims (30 May) China • May HSBC flash manufacturing PMI (23 May) • MNI May flash biz sentiment indicator (24 May) • Apr Industrial Profits YTD YoY (27 May) • Apr Leading Index (28-31 May) Europe • Mar Euro-Zone ECB current account (22 May) • May PMI manufacturing (23 May) • May PMI Services (23 May) • May PMI composite (23 May) • Apr Euro-Zone M3 yoy (29 May) • May Euro-Zone CPI Estimate (31 May) • Apr Euro-Zone Unemployment (31 May)

GLOBAL STORY (18-5-2013): Finally inflation dropped below 5% which always prompted heavy short covering coupled with FII buying. This bought nifty at 6200 which is not too far from its all time high figure of 6330/6336 We had mentioned 6210 will come and nifty now close to 6200. We still believe that 6210 is a major resistance. If some deceiving more has to happen it might travel to 6250/6300 but surely correct till 6000 before loading to new levels. The settlement is expiring on 30th May which suggests 9 trading left. We had been holding our view from when that ICM & IPL are no different. IPL has come in public domain & whole world has realised about fixing .Same way (ICM) Indian capital market too will come in public domain where absence of physical settlement is used to for controlled moves in the market. The V –SHAPED movement of market is completely managed and visible but for evidence will remain under carpet till its gates get opened in public domain. Huge OI of Rs 6000

Most Americans are proud of the fact that we have a strong and stable currency; the dollar has maintained strong relative value against other currencies through a financial crisis, which originated in the United States and has recently strengthened significantly against gold and the yen. So why is this a "problem"? First of all, our economy seems able to function reasonably well at current relative valuation levels. The recent slowdown is likely the result of ill-advised tax increases and spending cuts; it appears that the private sector growth may enable us to avoid a recession. However, a significant appreciation of the dollar against other currencies could create problems. To better understand this, it may be helpful to go back to the early 1980s when the revered Central Banker Paul Volcker raised interest rates and tamed inflation. One result of this action was that the dollar appreciated against most other currencies; this had the beneficial effect of reducin

Gold Reserves as a percentage of Total Reserves 

============================== ======================== The FII and the Indian Market Story ============================== ======================= Once upon a time in a village, a man announced to the villagers that he would buy monkeys for Rs 1000. The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.. The man bought thousands at Rs 1000 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at Rs2000. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms.The offer rate increased to Rs 2500 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at Rs 5000! However, since he had to go to the city on some business, his assistant would now bu

Bank Nifty Bank Nifty is a Sell at Current Levels with a Stop Loss of 12,750 Once Below 12,400 the next major Support shall be only 12,000 Levels so a person can go short is bearish or buy putt if moderately bearish . 

April 16, 2013 Somebody out there is sure getting prepared for something really big. We have just witnessed a drop in gold & silver unlike anything that we have witnessed in decades. On Monday, the price of gold had fallen by more than 10% at one point. It shocked investors globally, and overall what we have just seen was the largest 2 day decline in the price of gold in 30 years. The price of silver dropped even more rapidly on Monday. It was down more than 14% at one point. There was an atmosphere of “panic selling” as investors and financial institutions raced to liquidate their holdings of silver & gold. But was this exactly what someone out there wanted? Big Banks and news outlets all over the world have been boldly proclaiming for weeks that gold is entering a “bear market” and that now is the time for all of us to sell our gold. In particular, Goldman Sachs reportedly told their clients earlier this month that they “recommend initiating a short COMEX gold position“. Was