The fall in equity values following the spike in interest rates was sharp but very shallow; stopping just at the 50 DMA for most markets even after the first 5-wave leg down was complete. That shows markets could have another leg up that could make new highs, says Sonali Ranade
The structure of the rallies that unfold will determine if they make new highs or not, and there is scope for new highs, says Sonali Ranade
If the corrections underway across most markets hold first support, the probability of another leg to the rally until mid-August is fairly certain, says Sonali Ranade
There is no ignoring the fact that world equity markets at this point are in unsustainable parabolic trajectories. The question is when, not if, a deep and sharp correction arrives. Investors need to be prepared for a quick exit if they are riding the rallies at this late stage, says Sonali Ranade
Clearly the DXY is overbought and needs to work off overbought conditions. That will trigger consolidation in US equity markets that are just as overbought, says Sonali Ranade
Nifty could consolidate below 6100 for a week or so. Those who missed the bus at 5400 could consider buying their blue chips in the consolidation that ensues, says Sonali Ranade
On April 10, the Nifty could have begun a new super cycle which could run to 2025, says Sonali Ranade
Trust is no more, and no less, than the faith that rule of law works equally for everybody and that the State exists to enforce such laws without fear or favour. It is trust in old-fashioned government. Trust is rule of law, says Sonali Ranade
The rally from supports averted an immediate meltdown but the correction is far from over, says Sonali Ranade.
If mangoes become dearer or appreciate in price, we don't ask if the INR has appreciated or depreciated. We talk in terms of the value of mangoes, not INR. Likewise, in the forex market, we should now talk in terms of the value of dollars and not the INR, says Sonali Ranade
If mangoes become dearer or appreciate in price, we don't ask if the INR has appreciated or depreciated. We talk in terms of the value of mangoes, not INR. Likewise, in the forex market, we should now talk in terms of the value of dollars and not the INR, says Sonali Ranade
Most commodities are on the verge of tipping over into deep long-term bear markets not seen for decades, says Sonali Ranade
We are in a general commodity correction wherein we must expect all commodities to bottom more or less simultaneously since money is fungible and you have no means of knowing which bull is trapped where, says Sonali Ranade
The best part of the collapse in the price of gold [bullish for India on its own merits] was in what it says for commodities in general but for crude in particula, says Sonali Ranade
Unless the markets confirm a downtrend, don't short the markets. Investors should wait till a direction to US markets becomes clear, says Sonali Ranade
One cannot avoid the sense that the mother of all corrections is due any time now, says Sonali Ranade
Investors in India have a great buying opportunity in cyclical stocks that have completed their long corrections from the peak of 2007, says Sonali Ranade
Setting bear traps is the common tactic to extend rallies at tops because bulls don't have to use their own cash to fuel such rallies, says Sonali Ranade
There is no indication that the rally in the dollar is likely to end soon, says Sonali Ranade
Investors should use the correction to buy in looking to individual stocks and not the indices, which are more sentiment indicators rather than that of value, says Sonali Ranade
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances