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Crude Mcx

Crude broke below the rising trendline from the June bottom. MCX prices may go back to test the neckline support at 2745. Resistance is near 3100

crude-170817

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Long-Short Report -  

MAKRET OUTLOOK - 15 AUGUST 2017 - Published - NIFTY INR GOLD

Time for a Clean India for the Financial Sector. Happy Independence Day ?

On the eve of India's 70th independence day Anniversary. I do believe that India is a strongly free country when I hear about the laws that dictate everyday life in say the US. That said we remain a copy cat country. Not just films and music our financial system and the way we manage it with a central bank appears to be slowly mimicking the western models. The good news is we have not gone so far down the road as the rest of the world has and we can chose a different path. Time for central planners to choose a different path and an outcome that will bring us on top. Do not squander the demographic dividend by making them indebted with consumption debts. Wishful thinking looking at Saturdays Economic survey recommendations. The dividend is best spent on rebuilding India, on their terms and the India that they want to inherit, not the messed up one that was left behind. This Independence Day wish to see a clean India movement for its financial sector. Is Modiji listening? 

Three Major Marco Trends Driving Markets.

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India's Long Economic cycle -  

 The Indian economy like every other follows the Long wave economic cycle, a debt based model of finance. Based on this it is possible to forecast the future path of the economy by studying the 4 seasons of the Kondratieff cycle. I published the first paper on the Indian Kondratieff cycle in 2009 and have been posting related article as updates from time to time based on it. To understand where the economy is in the long wave read the detailed paper [it is FREE] here and then continue to READ THE LASTEST UPDATE  

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Rohit Srivastava: ' Indiacharts® is a live update of my market analysis for public reading. My views are based on my understanding of the markets after years of such analysis, since 1991. MORE ABOUT ME 

 
 
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