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I have heard this phrase many times. However, this conclusion really does not seem to be borne out by data.
It`s true that May has been a down month for 2010,2011 and 2012, but here`s how the data stacks up for the years before that.
2009 ... See more 3 replies
In reply to : Market Commentator message
about 3 hrs 2 min 4 sec ago
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Again, an unfortunate case of incorrect interpretation of numbers.
No doubt the YoY growth rate of 5.3% is much lower than the 5.8% during Q3 of 2008-09, but like I mentioned in my analysis posted earlier, most analysts and economists are not... See more
about 3 hrs 30 min 8 sec ago
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You might want to look at a chart of quarterly GDP numbers (in Rs Cr). They have a very different story to tell.
Here`s an excerpt from an analysis I did a little while back on how the GDP numbers are not being interpreted correctly
****St... See more 3 replies
In reply to : Market Commentator message
11.56 PM May 31st
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In reply to : MMB Messenger message
10.45 PM May 31st
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Fellow indian brothers and sisters jai shri krishna , addab , sat shri akal, hellow, jai jinnendra and mny such . Please try these to prevent untimely demise of rupee. One kg gold bar purchased from bank leads in foreign exchange out go of Rs 25... See more 2 replies
In reply to : Currency Tracker message
8.08 PM May 31st
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Since 5180 was broken,bearish pattern descending triangle unfolded which had price target of 4832 (approx 377 points down move).Nifty has formed weekly double top at around 4957 level so that makes tomorrow session crucial more insights and trad... See more 3 replies
In reply to : Market Commentator message
8.05 PM May 31st
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