State of the Market Weekend Edition
Deepak Singh
One Breakout and One Breakdown Play
Filed Under (Stock Observations) by Deepak Singh on 16-01-2010
We are in a stock specific market where individual stocks and sectors are doing their own thing independent of market. Here’s an example of one breakout and breakdown stocks.
JAN
16Sectoral Performance Report
Filed Under (Sector View) by Deepak Singh on 16-01-2010
How are sectors contributing to overall market’s performance. Well, let us have a look at the last one week and last month sectoral performance to get a deeper understanding of where different sectors stand.
JAN
15Satyam: Line of Confidence
Filed Under (Stock Observations) by Deepak Singh on 15-01-2010
There is a saying - When investors have a conviction in the stock and sector - valuations don’t matter and vice versa. Infosys, TCS and Wipro became overbought and overvalued this week post good earnings from Infy. Even mid-cap stocks rallied this week but Satyam was up just 3.3%.
The big question: Where is Satyam’s line of confidence?
JAN
15Random Observations
Filed Under (Stock Observations) by Deepak Singh on 15-01-2010
In
this article, I want to focus on few stock charts which are trying to tell
interesting stories. Take a look 
JAN
14Tea without Sugar
Filed Under (Stock Observations) by Deepak Singh on 14-01-2010
No, this is not a title of health related article. This is what one of the current theme of the market is. Traders on one hand are buying Tea stocks big time and on other hand - keeping away from sugar stocks.
JAN
14Protected: 2 stocks ready to breakout
Filed Under (members only) by Deepak Singh on 14-01-2010
JAN
13Bullish territory defended
Filed Under (Market Observations) by Deepak Singh on 13-01-2010
This was the takeaway from today’s market. Bulls succeeded in defending 5182 - breakout level. But the bulk of help came just from one sector - Technology. Financials and Auto sector remain under pressure and with inflation data expected tomorrow - expect another day of tussle between bulls and bears to hold 5182.
The Big Risk
Filed Under (Market Observations) by Deepak Singh on 12-01-2010
What is the biggest risk to the market right now? - Everyone thinking the same way. Over last few days, I have been going through numerous strategy reports - and to my surprise - I have never seen such agreement in thinking across various analysts. And that’s what makes me worried on the market.
There is an old saying - When all the experts and forecasts agree - something else is going to happen
JAN
12Charting Currency and VIX
Filed Under (Currency, Global cues) by Deepak Singh on 12-01-2010
It seems we are in the season of breakout/breakdown or strong pullback when it comes to currencies and Volatility. Have a look at 3 charts - i. USDINR; ii. CBoE VIX; and iii. USD index to understand what I mean.
JAN
11Eye on 2Is: Infosys + IIP
Filed Under (Market Observations) by Deepak Singh on 11-01-2010
Tomorrow can be a big day for Nifty because of two reasons - i. Infosys earnings; and ii. IIP data. Nifty has been extremely quiet in 2010. And one can hope that things will change after release of tomorrow’s data point.
