NIFTY 50 future TRENDS

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Taurus1

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Too many interruptions today, and power going on and off, but managed to re enter my short positions held earlier by phone. :p
Market getting ready for a big move. :D
 

sudoku1

Well-Known Member
din my view...d levels which take us by surprise r called unxpected levels.... d rest is xpected:)

http://www.youtube.com/watch?v=AFRAFHtU-PE
And the US stagflation continues. The just released Empire Manufacturing index has plunged nearly by half from 21.7 to 11.9 in May. The general business conditions index fell ten points to 11.9. The new orders index declined fi ve points to 17.2, and theshipments index slipped three points to 25.8. The inventories index climbed to 10.8, its highest level in a year. The prices paid index rose to* 69.9, its highest level since mid-2008, and the second highest ever, while the prices received index held firm at 28.0. And more on the stagflation as defined bythe ongoing surge in Prices Paid: The prices paid index rose sharply, indicating that price increases accelerated over the month. The index advanced twelve points to 69.9, its highestlevel since mid- 2008, with roughly 70 percent of respondents reportingprice increases, and none reporting price declines. This index has moved up a cumulative fifty points over thepast six months. Downward GDP revisions are a-coming.
 

vinst

Well-Known Member
And the US stagflation continues. The just released Empire Manufacturing index has plunged nearly by half from 21.7 to 11.9 in May. The general business conditions index fell ten points to 11.9. The new orders index declined fi ve points to 17.2, and theshipments index slipped three points to 25.8. The inventories index climbed to 10.8, its highest level in a year. The prices paid index rose to* 69.9, its highest level since mid-2008, and the second highest ever, while the prices received index held firm at 28.0. And more on the stagflation as defined bythe ongoing surge in Prices Paid: The prices paid index rose sharply, indicating that price increases accelerated over the month. The index advanced twelve points to 69.9, its highestlevel since mid- 2008, with roughly 70 percent of respondents reportingprice increases, and none reporting price declines. This index has moved up a cumulative fifty points over thepast six months. Downward GDP revisions are a-coming.

After these bad news, SPX seems to be rising :confused: . This confirms an old hindi adage:

Vinash kale , vipareet budhi.

Looks like, these adages were written specially for 'aundhi khopri' stock market participants.
 
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