Navigate the Markets like a Pro!
-
Charting the 10Y India
What if the yield chart on 10Y was a triangle or a complex double zig-zag correction (if 2009 lows was taken as truncated bottom). Both indicate an increase the interest rates. A close above 6.6% on the monthly chart does not bode well for the EMI payers or industries financing debt through barely positive free…
-
US: Yield Spreads, Can history show us the way ahead?
Lets map the Yield spread of 10Y and 2Y government bonds of the US Government. The theory goes that when 2Y yield is more than the 10Y the spread turns negative indicating that people are ditching the short term protection of the bond market and jumping into risky assets, it also indicates that if interest…
-
Nifty: A Double Top in the making?
This week is important for Nifty, if it breaks 25690 decisively (on a weekly basis), it would have closed 3 weeks down breaking an important gap up area formed on 11th November 2025 and a weak channel as wave (b) – shown in below chart. Nifty RSI is diverging from price action. While the RSI…
-
Nifty 33,000
Nifty to bottom before the close of this Financial Year 2025/26 and the view is for a 18month to 2 year rally to 33,000. Nifty from the bottom of 2020, seems to depict 3 waves up, with the 4th wave close to culminating at the channel line from the orthodox low (where sentiment was lower…
Got any book recommendations?