1.Indian Stocks may rise,as Dow has risen on Friday,4/12/15.GST expectations add to this view,though overall Global picture is HIGHLY negative,what with Crude,Copper and Iron Ore prices very low.Dr Copper is an indicator of Global Economy and he is very weak!Of course,the US Federal Reserve rate hike is another point.Indian Rupee continues to be weak.66.70 v US Dollar
2.$BDI 563;200 DMA 743;Bad for Global economy and this is a leading indicator.
3.Brent Crude $ 43/bbl,expected to fall.At least not above $ 50/bbl,as per reports.Hence US Oil Junk Bonds are in trouble.OPEC has also not decided to cut output.
4.US Corporate Bonds are in trouble as well.
5.Refinery Stocks look good at the moment,but staying away from the Market seems better.
6.Silver Rs 35198 /Kg
7.Gold Rs 25715/10 Grams
8.NMDC reduce price of Iron Ore drastically to Rs 1500 /MT from 3600.
This stock can be bought at Rs 60/= and below,as any Divestment will make the GOI to manipulate its price.
2.$BDI 563;200 DMA 743;Bad for Global economy and this is a leading indicator.
3.Brent Crude $ 43/bbl,expected to fall.At least not above $ 50/bbl,as per reports.Hence US Oil Junk Bonds are in trouble.OPEC has also not decided to cut output.
4.US Corporate Bonds are in trouble as well.
5.Refinery Stocks look good at the moment,but staying away from the Market seems better.
6.Silver Rs 35198 /Kg
7.Gold Rs 25715/10 Grams
8.NMDC reduce price of Iron Ore drastically to Rs 1500 /MT from 3600.
This stock can be bought at Rs 60/= and below,as any Divestment will make the GOI to manipulate its price.
1 comment:
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