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Regards

Atul Sikrai

Vice President 

wiTdom investment advisory

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Se

Panic Attack By Bears

Panic Attack By Bears

Big congrats to wiTdom fan club.

Dear reader rupee hits all time low of 66 and Sensex crashed today by 600 points.

It’s time to tell to the world “We Told you so “.

This has send fear within the spines of the bull camp.

Witdom bearish stand continues. We expect Nifty to break 5250 and move towards 4800.It’s proud moment for witdom technical desk which projected this crash using our charting methodologies.

We are expecting GDP to fall to 4.5 % .GDP may fall to 3.8 % in coming quarters.

Slowing industrial IIP, weak economical fundamental is going to add pain to the system.

In fact wiTdom was first to warn about this system shock.

This may provoke S&P to down grade India to junk Status.

We expect war like situation in Syria where America is going to interfere. We expect crude and gold price to spike up. This may add to woes of Indian economy.

Situation in Italy is getting worst.

Border dispute of India with Pakistan and china is a big concern which worries us.

American leading indicators have started giving bad news about the economy.

Some bright spots are seen in china economy.

Some green shoots also visible in Europe.

Over all cautious stands on economy continues.

Thanking You

Atul Sikrai

Vice President

wiTdom investment advisory

Pageviews all time history    6,964

wiTdom A Proud Bear

Bulls Get Butchered!!

Dear beloved Bulls,

Witdom knows that you are going through deep pain. wiTdom know you are losing lots of money. This is what happens to you when you challenge weak fundamentals of the economy. Bulls are literally killed on Dalal Street today sensex is down by 740 points and still counting. wiTdom was biggest bear on India and market crash proves us right.

Dear Readers,

 Witdom told you that we are going to see Rupee moving above 61 and move towards 63       Rupee has touché d 62 against Dollar.

Nifty has corrected by 10%

Bank Nifty has fallen more than 17 % .

Stock specific crash has been nearly 75 %.

Our constant bearish stand on market has been applauded by the market participants that’s why “In wiTdom world trusts “.

Nifty is poised to break its near term low of 5474 .

Nifty is projected to fall to 4800 and Rupee is expected to fall to 65 by our technical team.

Now what makes us bearish?

Recent capital control measure by government.

MSCI Index it’s updating and deletions of stocks.

US 10 Year bond yield moving towards 1.8

Fed tapering is imminent in September FED meeting.

Indian 10 year bond yields moving higher.

Crisis in Egypt that is adding woes to stability.

NSEL Fiasco is spot of calamity.

Biggest market bull camp is losing huge money and is at verge of default.

We see flight of capital moving out of emerging markets to developed markets.

We did have warned of calamity to all bullish traders and at last calamity has happened.

Bulls RIP.

Thanking you

Atul Sikrai

Vice President

Witdom investment advisory.

Page views all time history      6,827

Golden Sparrow is Caged

Golden Sparrow is caged:

“Sone ki chidiya” that is India is in deep trouble.

Dear friends as told you earlier that rupee is going to touch 60 and it has finally touched. We at wiTdom are predicting Rupee to soon cross 61 and move towards 63.

wiTdom is biggest bear on Indian economy. We see lots of pain for economy as a whole in near future.

We are still bearish on stock markets too. we see market making new lows in near future.

FII bought 39 billion dollars of stocks and they just sold 2 billion dollars of stocks and nifty tanked by 500 points.

Dollar index is expected to zoom up.

Rising crude price of nymex crude above 100 $ is going to add pressure to the margins.

Quarterly results are not going to encouraging.

Watch out for political crisis and withdrawal of support for present government.

We at wiTdom see early election as a major crisis point for India.

Emergence of third front and broken mandate will act as hindrance for formation of new government.

Withdrawal of capital in debt market adding pressure to rupee .

wiTdom was first to raise concern abut Portugal .

Yes Portugal market has started tumbling about 5% in one day.

Crisis in Egypt is spiking crude prices.

We are soon expecting India to be down graded by S&P .

Rising current account deficit is major reason for downgrade.

If you are Bull on nifty and Indian economy please beware of major calamity.

 Wishing you

 Profitable  2013.

Atul Sikrai

Vice President

wiTdom investment advisory.

Fuzzy Fed & Lazy Rupee

Fuzzy Fed & Lazy Rupee

Once upon a time there was a old man (Senior citizen) named  Rupee who had a fuzzy friend called Fed.

Fed used to make that old man fall hard by pushing him again and again………..

Dear Reader

How many Financial Analyst and Currency Experts told you that Rupee is going to touch 60 against Dollar?

Literally none! It was wiTdom that told you first.That too one month back.

How many Market Pandits told you to Short Nifty?

Majority of market participants were talking about new high for sensex and Nifty except wiTdom.

Yes friends today Rupee is at kissing distance to our target of 60 and nifty has nose dived to 5650.Our bullish stand towards Dollar and bearish stand on Nifty has gone correct.

Taper, taper and taper that’s the buzz word on the  street.

Fed gone taper told to you in May please read our blog.

Now which stocks are gone be hit?

Stocks which have maximum foreign currency exposure i.e. with highest FCCB (Foreign currency convertible bonds).

Stay connected for more financial gyan only with wiTdom.

Thanking You

Atul Sikrai

Vice President

wiTdom investment advisory.

Pageviews all time history          6,314