Markets are natural beings, this is why patterns and market structure repeat. The ongoing structure on Nifty from 2009 has a stark similarity to the market structure from 1996 to 2003. Now this is conventional pattern watching much different from machine learning, but if the similarity is to be believed we are in for […]
On 14 June 2012 we introduced the Jiseki Cycles for Sensex 30, on 20 June we published risk metrics on the Indian Banking sector and on 21 Jun we carried an Indian Sector Special. Today we introduce a new web service called Sensex Pair 30. This service looks at the dynamics of all Sensex components […]
It took me a long time to learn that instruments and forecasts don’t make money, risk management does. If you are in the capital markets, forecasting is paid work, a job, a vocation. Predictions are all over the place. What’s a prediction? Euro will die or Nifty will reach 8,000 or Gold will rise are all predictions. “That new Tom Cruise […]
There are many techniques used to understand market patterns. Over the weeks we have used trend lines, momentum, moving averages, Fibonacci, Candlesticks etc. This week we are using something rarely used by market technicians. This technique involves redenomination of an asset in a different currency. Europe is a trading partner for India and looking at […]
There is nothing more important for a market perspective than a combined sector outlook. If the weight of evidence for the overall sector outlook is positive, markets should go up and vice versa. Keeping this in mind we have studied 16 Indian sectors today. The combined sectoral outlook is still negative as barely 4 out […]
NIFTY Stop lies @ 5,200 For more such interesting updates visit the Reuters Store or mail us for subscription details. Jiseki Interpretation. Signals are interpreted as crossovers between various Jiseki Cycles. All three Jiseki cycles (Jiseki 1,2 and 3) depict different time frames. Example: An asset is ranked above 80 percentile and all the three Jiseki cycles […]
Banking is an early economic sector. How banks will perform in the coming future will decide whether markets are going to head lower or bottom here. This is because banking is a part of the early economic sector and markets don’t rise of the early economic sector (technology and banking) does not participate. The first […]
From the start of the year, a business TV program editor wrote me numerous mails to have me as a market commentator during my next visit to London, Delhi or New York. After I finally made it to the hot seat, it turned out to be a brief affair. TV host: Mukul, what is your […]
Tracking market froth. They say that a rising tide lifts all boats. That expression fails to incorporate an often hard denouement – Planetary gravitational forces ensure that high tides are followed by low ones and some of those boats crash if they weren’t judicious enough to avoid the change in current. That’s probably a fair analogy to […]
What is Primary degree? Primary degree is a holding period, a time duration. Any time duration more than 9 months is referred to as primary degree. Why do technicians and fundamentalists look at a primary degree? They look at primary degree because it is noise reducing and because it gives a big picture view. Primary […]