FII FLOWS INCREASES

Flows into India likely to remain limited in the near term, as relative valuations of stocks versus emerging markets do not look attractive, Macquarie says.

India thus “may be staring at a possible negative 12 month forward returns,” Macquarie says.

The controversy over taxation for foreign investors, as well as macro challenges, are key reasons for net outflows of foreign institutional investors (FIIs) in April vs strong Jan-March inflows, Macquarie says.

Indian stocks look historically cheap, but is trading at a premium of around 33 percent vs emerging markets vs the long-term average of 27 percent, Macquarie estimates.

Nifty is seen trading in 5,000 to 5,500 range and the Sensex in 16,000 to 18,000 range, as “global liquidity glut” to provide some support, Macquarie says.

Reuters

Comments

You must win the BATTLE WITHIN YOURSELF first, before you can win in the markets.

You must win the BATTLE WITHIN YOURSELF first, before you can win in the markets. This is the primary lesson that you will learn in you trading career. Initially when a intraday trader enters the markets he is bombarded with so many emotional turbulence. Some times he will struggle for the best intraday trading software . Other times he will struggle to take all the trades. Some times he will start doing positional trading since he feels all the big moves are in positional trades. sometimes he will totally avoid the positional trades and do intraday. sometimes he will do only intraday thinking that he needs to sleep peacefully and not get affected by news. In intraday sometimes he will do on medium time frame where he will be hit with big stops and sometimes will do scalping so that that loses are small but then he realizes that the gains are not big enough.This struggle forms major emotional character of any starting intraday trader. Once you get into that mindset that what are you...

NIFTY TRENDS AND TRADING STRATEGY

Nifty closed negative at 5362.95, lower by 17.40 points or ‐0.32%, as persistent profit booking in index heavyweight turned sentiments negative amid rising crude oil prices. Nifty has formed a dark cloud cover candle with no upper shadows on daily charts indicating sustained selling at higher levels, and at same time index has also closed at the channel line support placed at 5,350 levels. Decisive closing below 5,350 indicates that Nifty is likely to remain under selling pressure which would lead the index downwards towards 5300‐5250. On the up side sustain buying above the 5,380 mark will see follow up buying towards 5,420‐5,460. Trading strategy would be to Sell if market resist at 5,380 and Buy if support at 5,330. First resistance for the Nifty is 5,384 and next resistance 5,404 and first support for the Nifty is 5,350 and next support at 5,336. *** TRADE AT YOUR OWN RISK AND LIABILITY , READ DISCALIMER

The Mastery Of Self

he Mastery Of Self We do everything for a reason. The reason behind any act is, for the most part, unconscious. If we want to change a behaviour we need to identify the reason, the underlying objective, and examine it. We need to examine it to determine whether this objective, this assumption, supports us in what we want to do now. Most of the beliefs, or rules, that govern our behaviour now, were formed in early childhood. They have become predominantly unconscious beliefs and their effect is to dictate the way we respond. Most of these beliefs continue to support us well, but some have long outgrown their value. My baby son Arthur, does not yet know that touching a hot stove is painful. At some point he will burn himself and he will start to form a set of beliefs about hot things that will, by governing his behaviour, protect him from getting burnt. He won't necessarily remember these early experiences with heat, but his new beliefs will continue to guide him for the rest of h...

Search This Blog