Articles by George Albert
Nov 23, 2013
Bulls still alive: Why current market fall is not a bearish confirmationThe strongest factor supporting the Indian markets is the fact that the US markets are still grinding their way up. This is most likely going to provide an impetus to the Indian bull
Oct 26, 2013
Nifty is building a foundation before the next thrustThe fact that prices have not fallen shows that buyers still have strength and taking out the sellers.
Oct 19, 2013
Technicals: Uptrend for Nifty still intact but hurdles remainOnce the Nifty clears the May 2013 high the next resistance in price is the all time high of around 6350. The clearing of these levels then increases the potential that the Nifty will make the 1000 point move.
Oct 12, 2013
?Nifty may challenge all time high, 1000 point advance possibleThe Nifty seems likely to challenge its all time high based on a bullish chart pattern it formed after last week's price action.
Oct 05, 2013
Markets: This chart explains why it's a good time to book partial profitsNow with the Nifty gaining relative strength to the Sensex their roles have reversed. We feel the Nifty is stronger now as it rallied last week before filling the gap support level. The Sensex on the other hand went all the way into the gap before rallying again.
Sep 28, 2013
Sensex, Nifty hammering support, will we have a break down?The Indian indexes are hammering support, increasing the probability that prices may go lower. The more times a support level is hit greater the chances of a breakdown.
Sep 23, 2013
Chart: US cues point to further fall in Sensex, Nifty todayIndian equity markets also need support from the US market to rally further. The last leg of the rally in India was a result of the rally in the US markets. When the US markets retreated a bit on Thursday, the Indian markets fell on Friday. With the strong drop in the US on Friday, we could see a corresponding drop in India on Monday.
Sep 14, 2013
Equity market expects Fed to delay tightening; bond players don't buy itThe worrying fact for the equity market is that bond markets are not giving any indication that it believes the tightening will be postponed
Aug 24, 2013
Dead cat bounce for the rupee, but long term weakness still existsFrom a long term perspective the Rupee continues to show relative weakness against the dollar. If you look at the chart you will see green uptrend lines and red downtrend lines. Notice that whenever the dollar is in a uptrend, the rupee is in a downtrend. This is to be expected.
Aug 17, 2013
Bonds are at the cusp of a breakdown, will equity follow?US Treasury bonds are falling, and this is indicative of the danger to stock markets. Both the Nifty and the Sensex are vulnerable.