Good News Just Doesn't Stop Coming Out of India

Over the past few days, there has been a steady fall in Indian yields, largely due to fall in US yields and falling crude oil prices. The rupee has been stable for over a year now; it is this kind of predictability in the economyu that makes India an attractive investment destination vis-a-vis its peers.

As we approach Mahurat Trading, we are crucial resistance levels but the fundamentals and technicals appear to be building up for a rally.

No one can pre empt the markets, hence the indicator script linked below is useful. Whenever the current candle makes a lower low than the previous candle, it gets trigerred and buys. That way we keep buying on lows and pulling the average cost down.