Crossroads

The Budget will, hopefully, provide a direction

In the previous issue, I had suggested that a quick short-term rally appears on the cards. Without a rally, I suggested, the Sensex was headed towards 15,300. We did get a rally all the way from 15,700 to 16,400 and so the talk of a crash has been postponed for now. But that is no reason for the bulls to breathe easy. The dark clouds are still...

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  • Precariously Poised

    If we don’t get a snap-back rally soon, things can be pretty ugly, especially below 15,300

    In our previous issue, I had suggested that the short-term trend was down. At the time of writing that piece, the Sensex was at 16,860. Over the next two weeks of trading, the market has gone on to make fresh lows. It had crashed below 16,000 on the day of the credit policy (actual low point of...

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  • It’s Baaaaack!

    The market has turned stormy again;we have entered an uncertain stretch

    In our previous issue, I had suggested that since the short-term view can change quickly, it is imperative that you look up our daily market coverage, along with exclusive market articles, on our website www.moneylife.in. We hoped you would know what’s coming. Indeed, writing on 15th January on the website, we had...

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