Option reading index for today is (-) 1.63 rise from last trading figure of (-) 7.65 suggests mild selling pressure.
Std.Param
Price / Tenkensen weak bullish cross. TS, KJ, Span Lines trending flat. Upside Resistance at 5562, 5676. Support at 5490, 5392.
Short Param
Bullish Price cross over Tenken, Kijun. Possibility of bearish kumo crossover reduces. Upside Resistance at 5562, 5675. Support at 5450 levels.
Giving below Indian Interest Rate across various maturities with Yield curve.
Data courtesy: Business Standard.
Price / Tenkensen weak bullish cross. TS, KJ, Span Lines trending flat. Upside Resistance at 5562, 5676. Support at 5490, 5392.
Bullish Price cross over Tenken, Kijun. Possibility of bearish kumo crossover reduces. Upside Resistance at 5562, 5675. Support at 5450 levels.
Data courtesy: Business Standard.
2 comments:
hi sri..
can u plz explain these interst rate charts n coreltn to equities
hi manu,
will do later as it needs some deep writing explaining things involved. for the time being,
Interest is function of inflation and has direct corelation.
Inflation is function of fiscal or monetary management of economics as far as cost push inflation.
Central Govt Securities is considered as risk free rate and used in arriving at prices of various other asset classes.
The price of other asset classes are arrived at by adding premia (known as risk premia) over the benchmark risk free rate.
Coming to Equities, when interest rates go up, expectedly relative yield (returns) on equities also goes up which means...????. hope this helps.
Post a Comment