Dabasis Dutta

Interest ranging from All Matters New Technologies, Investment & now Trading. Not SEBI Registered by the way. Talk to your Financial Advisor and take your pick

[Dabasis Dutta @DabasisDutta]

GOLDUSD WEEKLY CHART.

GOLD has tested its bottom twice, broken a crucial trend line. Now it has to break the neckline of the DARVAS BOX, Retest it and then break the next resistance at 4382.450. Once this is done, it will be bought at every dip and the move up will restart

[Dabasis Dutta @DabasisDutta]

Higher intrest cost will kill the economy.

Politicians will insist on lower intrest cost

And that will stroke Gold Prices

The US has no good choices. Look forward to the FED stance this July end. The FED will have to do something, obviously the last presser did not help.

[Dabasis Dutta @DabasisDutta]

USD GOLD CHARTS DAILY

Resistance Points Marked on the Charts, though the trend is down, it is getting quite oversold, and also at an important FIBONACCI LEVEL and SUPPORT BAR, marked some 6 months back.

[Dabasis Dutta @DabasisDutta]

Thr Japanese govt has asked companies to invest into JGBs

So when the attacks started again, US Yeilds went higher, even though money was moved from AI into US Bonds

The US is trying to shrink the Fed B/Sheet. Now if demand goes up for US Govt Debt, yield has to go up.

[Dabasis Dutta @DabasisDutta]

Worried about the impact of El Nino on the Indian Markets. Currently they dont care, but they should. It should show by Sep, a mere 2+ months away, the economic impact ie, By 20th Oct, Dusherra definately

https://t.co/efEOYgLmYr

[Dabasis Dutta @DabasisDutta]

DAILY CHART. NIFTY 50

Shows that the NIFTY is stuck between 2 RESISTANCE and SUPPORT ZONES. and therefore is oscillating between these 2 zones. My estimate is that the current trend is DOWN, and it will take another 5 to 7 days for a clear trend to emerge. DW further or Bounce

[Dabasis Dutta @DabasisDutta]

Weekly Charts NIFTY 50, a DOUBLE TOP, therefore negative

and I think this is more likely, which is 21000 tested thrice, but not much below

[Dabasis Dutta @DabasisDutta]

Monthly Chart Nifty 50

As per the chart pattern tool, the break of a Rising Wedge usually leads to a DOWN MOVE,

But here the NIFTY has not moved to the level expected ie < 21000

The Pattern shows a target of 17000 or so, but I dont think it will do so

[Dabasis Dutta @DabasisDutta]

@dgshipping_IN There is a lot of anger in these seafarers. And a 100% support for this move including Ship Management companies

The Philippines Govt also issued a similiar notice a few months back. Indian and Philippines crews, together lake 50-100% of ship crew worldwide

[Directorate General of Shipping, Govt. of India @dgshipping_IN]

Advisory for Indian Maritime Stakeholders

In view of the heightened security situation in the Gulf region, the Directorate General of Maritime Administration (DGMA), through DGMA Circular No. 36 of 2026, has directed Ship Owners, Ship Managers and RPSL Companies to avoid deploying Indian seafarers on vessels undertaking voyages through the Strait of Hormuz until further orders.

Key precautionary measures:
- No deployment of Indian seafarers on vessels undertaking voyages involving passage through the Strait of Hormuz until further orders.
- Heightened security vigilance in the Persian Gulf, Strait of Hormuz and adjoining waters.
- Continuous monitoring of navigational warnings and security advisories, with strict implementation of the ISPS Code.
- Immediate reporting and assistance through the IFC-IOR and DG Communication Centre (MMDAC) in case of emergencies.

DGMA continues to closely monitor the evolving security situation and remains committed to safeguarding the safety, security and welfare of Indian seafarers.

#DGMA #IndianSeafarers #MaritimeSafety #MaritimeSecurity #Shipping #SeafarerSafety #StraitOfHormuz

[Dabasis Dutta @DabasisDutta]

@zerodha Doesn't work

[Dabasis Dutta @DabasisDutta]

@zerodha is there an outage on Zerodha, support online is down and tel lines r not being picked up?

[Dabasis Dutta @DabasisDutta]

I would expect the same to happen to digital goods like Youtube, Microsoft etc

[Dabasis Dutta @DabasisDutta]

This is what Trumo is doing when he tarrifs Branded Pharma. Like we tarrif direct car imports.
The benefits of Capital App is to the country where the final manufacturing happens

With $57 bn valuation, Maruti becomes 8th most valuable carmaker globally

https://t.co/V9FQHY3yBh

[Dabasis Dutta @DabasisDutta]

@RealPNavarro Hey Peter, you fired yet for the bullshit u peddle

[Dabasis Dutta @DabasisDutta]

With gold in usd close to it's all time high and inrusd at record lows, gold in India at all time high

[Dabasis Dutta @DabasisDutta]

Hence the Monetisation impact of $800bn (approx.) & its multiplier will be huge.

The contours of the US strategy on GOLD is to be watched out for.

It is doubtful that the GOLD standard is coming back, as it will restrict the GOVT's ability to Spend.

[Dabasis Dutta @DabasisDutta]

The buzz around buying gold is growing, with the belief that gold is set to become a key part of the monetary system, leading to a surge in demand.

[Dabasis Dutta @DabasisDutta]

The US is also going to monetise its GOLD Reserves, abt 8000 tonnes, which are being held at $42, the price as of 1971 when the USD went off the GOLD STANDARD. Unlike other countries, the GOLD RESERVES in the US are held by the GOVT, and not by the FEDERAL RESERVE.