Friday, April 24, 2020

Today


Sheetal says... 9200 Put 173.35 above...223 ....watch candle... s/l 158.80 (15 minutes candle close)

Read and act...


Franklin Templeton locks in $4.1 billion by shutting six funds run by its Indian unit



So investors in these 6 funds cannot redeem their investments ?

போட்ட பணத்தை எடுக்க முடியலைன்னா.... சிட் பண்டுக்கும் இதுக்கும் என்ன வித்தியாசம் ?....


Thursday, April 23, 2020

Crude Episode in MCX - This thread




This is the reason..... i am hesitate to go long in Crude though, it hit bottom...

Still ... MCX circular no conclusion from Govt.authorities..

If again crude hit minus, then will be into soup...

Hence... if MCX revoke the circular...then we can buy crude here without any issue..

Wait for clarity...


ஒற்றுமை





Wednesday, April 22, 2020

Crude




Traders with a long position in the April 2020 contract would now have to pay around Rs1 lakh for every one lot of crude, i.e. 100 barrels, at the MCX quoted closing price of Rs 965 on April 20. This is assuming the person would have paid the full value of the contract.
However, most traders would not have expected to lose the entire value of the contract and are now staring at a loss of over Rs 2.88 lakh. (per lot)..
Be cautious on crude...


Crude


Crude as such .. hope formed bottom...

However.... next month contract variance not shrinked fully....moreover... MCX closes 5 PM... also some restrictions in initiating position...

Last month settlement... long traders are penalised by exchange due to US WTI crude was in Minus..

Hence... no hurry... from my side...

This is not the normal situation to enter...

My take is in "Crude".... wait and trade..

Will inform you, when to enter... have patience..


Nifty


Index swing is up....

Take care..



Nifty


Nifty future today level shifted differently...

Nifty hope may not break 8912....

Nifty future 8912 will act as support (same as s/l... with minimum time frame closing candle)..


Tuesday, April 21, 2020

Gold


Gold now .... move is going to be 300 dollar range....

Traders...be cautious on gold ... if international jokers dump the inventory...then gold may be in soup..

Anything can happen...

Keep your savings intact... spend less... things are not looking good....

நாம் வினை விதைத்து விட்டோம்...   இயற்கை அறுவடை (களை) செய்து கொண்டு இருக்கிறது.....  இந்த அறுவடை இனிமேல் ஒரு தொடர்கதை, நாம் திருந்தாதவரை..

(செலவுகளை குறைப்போம்... இருப்பதை பாதுகாப்போம்)....






Crude


Don't be in a hurry..... wait........

Premium has to shrink and should match....

Wait for my confirmation and details..... don't jump and enter...


Index


Nifty is in sell mode (intermediate)...downside support 8752.40.....

Read the chart at your and act...



Crude


Crude alert..

Wait for full premium shinkage....don't be in a hurry...






Crude


Crude this month contract is trading at 16.76 (premium is shrinking sharply_....watch our Aqua final level as discussed in March....


Crude.....alert


Crude....monthly future contracts trading with huge premium difference..

MCX crude monthly contracts.....  800 point difference in price (price between two contracts)

Hence.... avoid buying.. will inform when to enter....



Pavam... crude.... கொரோனா கச்சா எண்ணையையும் விட்டுவைக்கல...



WTI crude oil futures trade at negative price for first time

இன்னும் என்னவெல்லாம்  நடக்க போகுதோ..  என்ன நடந்தாலும்...நாம் கை தட்டுவோம்..


Monday, April 20, 2020

Nature will change everything..





Nature / Corona has given first warning to the entire world....

Non-sense attitudes adopted last 20 years.... globalisation / economy / industrilisation ...etc...etc.....

இப்பொழுதும் உலகம் திருந்தவில்லை என்றால்.... இயற்கை தன்னைத்தானே சரிசெய்து கொள்ளும்....  விளைவுகளை அனுபவிப்போம்... 

இயற்கை எவனையும் விட வலிமையானது.....