morning thoughts...
The markets saw huge volatilty in the last week and we are expected oprn weak in the coming sessions but that would provide good oppurtunity for picking up stocks.
Technically the markets would consolidate between 8150 - 8300 levels , amidst which good movement in stocks will be seen.
2015 has certainly not started on a positive note for global markets. The extremely sharp fall in crude prices has stroked fears of deflation in the developed world. This has also dampened expectations of an interest rate hike by the US Fed in the first half of the year. While the US economy continues to add jobs, the economic data still remains mixed.
In Europe, fears of outright deflation are now rampant. To add to the worries is the general elections in Greece on the 25th of this month. The vote could hasten Greece's exit from the Euro Zone if the left-wing Syriza Party were to win and form the new government. This along with the strengthening US dollar resulted in the Euro falling to a nine year low against the US dollar. European stock markets have understandably weak over the last month or so. Bond yields in the developed world fell to all time lows in the week gone by on deflation fears.
www.astroeyes.blogspot.in
Monday wealth rains
Buy double bumper Hul 860 ca
Jackpot Buy United spirits
Buy Indusind bank , axis bank , maruti , pfc , bank of baroda
Buy tech mahindra 2700 ca , sbi 300 ca
Buy nifty and bank nifty on dips
The markets saw huge volatilty in the last week and we are expected oprn weak in the coming sessions but that would provide good oppurtunity for picking up stocks.
Technically the markets would consolidate between 8150 - 8300 levels , amidst which good movement in stocks will be seen.
2015 has certainly not started on a positive note for global markets. The extremely sharp fall in crude prices has stroked fears of deflation in the developed world. This has also dampened expectations of an interest rate hike by the US Fed in the first half of the year. While the US economy continues to add jobs, the economic data still remains mixed.
In Europe, fears of outright deflation are now rampant. To add to the worries is the general elections in Greece on the 25th of this month. The vote could hasten Greece's exit from the Euro Zone if the left-wing Syriza Party were to win and form the new government. This along with the strengthening US dollar resulted in the Euro falling to a nine year low against the US dollar. European stock markets have understandably weak over the last month or so. Bond yields in the developed world fell to all time lows in the week gone by on deflation fears.
www.astroeyes.blogspot.in
Monday wealth rains
Buy double bumper Hul 860 ca
Jackpot Buy United spirits
Buy Indusind bank , axis bank , maruti , pfc , bank of baroda
Buy tech mahindra 2700 ca , sbi 300 ca
Buy nifty and bank nifty on dips
