There is drama on inflation, it looks all over the world. Now it is not.
It always existed in our daily life, but we are told it is moving down.
The best example is Japan moving out of zero interest rate after 17 years, while Swiss rate cut can be sign of demand descent.
Today the inflation from Japan is higher, no longer China in deflation, Taiwan rises the rates. There is extrapolation hope that we may cut. If we stay put that in itself is a cut.
Overseas limit of investment limit is closer and stopped, inverse investment is stronger than FII investment here?
US continues to print decent economic number, UK holds the rates, but Europe looks divergent. In sum, it is no longer cut and paste story. Equity though looks to mimic the moves to start with.
For us, dynamics are different. From technical point of view close just about near 46700 is in no man's land. Today close is interest to watch. From the weekly frame it looks better than the NIFTY.
The nine days of fall finally is arrested. Yesterday the gap up prints some to bull and some to bears. Close above 34 DMA is positive, end of nine day down move. A Gap up to start with. Higher wicks, open and close negligible. Bigger frames hold 45800-47300 range.
It always existed in our daily life, but we are told it is moving down.
The best example is Japan moving out of zero interest rate after 17 years, while Swiss rate cut can be sign of demand descent.
Today the inflation from Japan is higher, no longer China in deflation, Taiwan rises the rates. There is extrapolation hope that we may cut. If we stay put that in itself is a cut.
Overseas limit of investment limit is closer and stopped, inverse investment is stronger than FII investment here?
US continues to print decent economic number, UK holds the rates, but Europe looks divergent. In sum, it is no longer cut and paste story. Equity though looks to mimic the moves to start with.
For us, dynamics are different. From technical point of view close just about near 46700 is in no man's land. Today close is interest to watch. From the weekly frame it looks better than the NIFTY.
The nine days of fall finally is arrested. Yesterday the gap up prints some to bull and some to bears. Close above 34 DMA is positive, end of nine day down move. A Gap up to start with. Higher wicks, open and close negligible. Bigger frames hold 45800-47300 range.
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