1.M M Singh has announced $ 1 trillion INFRASTRUCTURE expenditure in the next 5 years.India's,nominal, GDP is,reportedly,about, $1.8 Trillion.That is, 11% of India's GDP,per year for the next 5 years.With CAD and Fiscal Deficit HIGH and BOP precarious,India is tending towards BANKRUPTCY.BUT the Stock Markets may be BULLISH..... Crude and other Commodities are,reportedly, KEPT LOW by Obama[US Dollar higher],with an eye on the US Elections on November 6th,after which date,these may shoot up.I'm buying PHYSICAL Gold and Silver in SMALL LOTS,on dips,till November 6th,2012.
2.The Baltic dry Index is STILL very LOW, though above the 200 DMA....
3.Global Trade,has come down,reportedly,and may enter the negative range....That is NO Trade.A dangerous situation.
4.F&O cues:
To be continued........
2.The Baltic dry Index is STILL very LOW, though above the 200 DMA....
3.Global Trade,has come down,reportedly,and may enter the negative range....That is NO Trade.A dangerous situation.
4.F&O cues:
Total Puts add 26 lakh shares in Open Interest
Total Calls add 11.6 lakh shares in Open Interest
This is BEARISH.The above figures are from THIS link.To be continued........
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