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Mar, 22, 2017 By Vikram Murarka 2 comments
Highlights of Kshitij Forecasts: 2016
Kshitij has been making long term forecast for almost the last 16 years to help you meet with the oppurtunities that the market inevitably brings. |
We were ranked #1 worldwide, by Bloomberg for our Dollar-Rupee forecast in Dec’15.
And to prove that it wasn’t a one off we continued to deliver startling forecasts even in 2016. Here are some examples of forecasts that were outside the consensus when they were made, but were proved correct.
Note: We are the only non-bank forex forecaster in India to have earned this #1 ranking from Bloomberg. |
2016 Recap: USDINR
What we said :
In our Mar’16 monthly report, we had said that USDINR (67.34) may trade sideways between 66-69 till Sep’16.
What happened :
USDINR remained stuck exactly between 66 and 69 till the very end of 2016.
2016 Recap: Nifty View
What we said :
In our Oct’16 quarterly report, we had said that the Nifty could test 8000 and even 7700. (Most people were bullish at that time)
What happened :
Nifty tested 8000 on 9th Nov’16 and further made a low of 7894 on 26th Dec’16.
2016 Recap: Brent View
What we said :
In our Jan’16 quarterly report, it was said that a big short squeeze might push Brent ($37) to $60 levels.
What happened :
Brent has risen to make a high of $58.37 on 3rd Jan‘17.
2016 Recap: DOW View
What we said :
In our Apr’16 article "Can Dow Jones rise 9X times?", we had said that Dow Jones (17990) might rise to 22500 in the next 12 months.
What happened :
Dow has tested 21170 on 3rd Mar’17 with the possibility of further rise to 22500 by the end of Apr’17 open yet.
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And many other such examples makes us the only forecaster with a 11-year track record of 72% reliability for our Dollar-Rupee forecasts. To see how we calculate Reliability and to see our 11-year track record, please click on http://72pct.com |
Can you afford forex hedging without the KSHITIJ.COM advantage?
- Our long-term forecasts can help you not only in Forex hedging but even in business planning.
- Our personalised forex hedging advise not only helps you save costs, but also reduces your forex headache.
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With the US economic data strong and stable, the earlier expected US slowdown has not played out, resulting in the crude price trading higher while above $70 (Brent). While there is uncertainty in the long-term direction for crude, as long as it stays within the range of $67-80 (Brent), we have kept our earlier forecasts intact this month. Supply from the OPEC countries is also likely to remain tight for the next couple of months. Additionally, a rising Dollar could keep the crude at the higher end of its sideways range for now … Read More
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Our January ’25 Quarterly Dollar-Rupee Forecast is now available. To order a PAID copy, please click here and take a trial of our service.
Our January ’25 Quarterly Dollar-Rupee Forecast is now available. To order a PAID copy, please click here and take a trial of our service.