Forex Analysis Report Update - 19 March 2010

8 comments:

  1. Dear Anuj,
    Regarding RBI action at 8.00 p.m.today,we all need your comment.The consequences on our market. It will be very much helpful.
    Thanks,take your own time up to 9.00 a.m. Monday.
    Waiting in anticipation.

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  2. anuj

    where are you man? not to be seen for the last two days..

    sri

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  3. Hey Anuj,

    I find you are not genuine...copy pasting from others work...reproducing calculators which are available aplenty in the web world...projecting yourself as a genius....making people to visit your blog and read stupid posts...I feel for those guys who wait for your view...you will again steal others thought and work and produce it here in your style....

    Can you mention one work that you have created on your own....The formulae for the calculators are readily available...anybody can create those calculators...your only attempt was to create EW calculator...and im sure those who have used it will tell that it is not EW calc but a simple Fibo retracement and extension calc...you can't produce anything on your own...

    dont cheat people....

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  4. @mynac
    Hi...yes RBI action surprised everyone..they just had their policy review and didn't made these changes then...I wonder why in the middle and that too on a weekend and when markets are close...Such news creates more harm than any good to markets...
    Remember 'Ananadan' he always mentions about "the operative" in the market...I wonder who the operative is in this case...
    Now consequences... of course the knee jerk reaction takes the market to the downside..
    The intensity of downside depends how asia opens ...dow closed down showing weakness...and similar rate hike(discount rate) news was in their markets as well as per trader feed blog...
    This is the first rate hike...tells us that inflation has started bothering RBI now more than growth...the effect of this rate hike will take months to show up on real economy...but market will factor it swiftly (at the open itself!!)...we can still move up based on international liquidity...and just go back and see how we moved up sharply between aug 07 till jan 08... in spite of rate hikes ....so we take trades on day to day basis...and should watch our volumes carefully always regardless of news and trends
    Have a nice weekend...ask more from Sriganeshh...he is expert with this fundamental stuff

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  5. @sri
    my net was down yesterday evening...and my parents have come here...so spending time with them...getting less time to stay online....just routine blog updates and answering to mail queries...not trading as well
    have been silent follower in Ilango's blog...so I very much there..

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  6. Hello Mr Anand Sir (giving you full respect so that you dont find another reason to complain about me!!)
    Now a request...please dont spam each and every post in this blog with your lovely comment and ideas..it wastes a lot of time of readers and you as well(on second thoughts you are not wasting your time... in fact you are very good in this "copy pasting stuff"...spam each post with your comments and the copy all comments and post in this latest post...to make people hear what you say)
    If you have so much against me then why dont you start a blog...give me the link...I would love to be your follower...
    Thanks for providing weekend entertainment here
    Good luck with your trading....
    Cheers

    @all...I will make a detailed post soon(when ever I find time ..to answer such queries in future)...some how I feel I grow with each experience..this one surely open new doors for me to become an efficient blogger..

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  7. Dear Anuj,
    exited RELCAP with 2/- loss on my uy price because of weekend..

    Will see on monday how markets will react with RBI effect.. Mostly it could be negative initially... The question is it oppurtunity to buy in that GAPDOWN or should continue on short side on BANK NIFTY/ rate sensitive stock futures positionally..

    Thanks,
    Ramesh.

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  8. @ramsfm
    You are very efficient in your trades...I always give back a lot of gains...because of trailing stop losses...
    Good luck

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