Mutual Funds Day 17: Auto Pilot Mode, No Manual Control Available

When you opt for a Mutual Fund, the decision to buy/sell stocks is taken by the Fund Manager. Even though you provide the capital, you have no say in the stock-picking process. This could be an advantage if you are poor at stock selection and a disadvantage if you are smarter than the Fund Manager….

Nifty & BankNifty Analysis — 18 Apr 2024–13.23

Nifty Analysis — Stance Bearish⬇️ Recap from yesterday: “For bearish continuation, we need to take out the 22051, whereas for Neutral stance shift, we need to take out 22295.” We did take out the 22051 support today on the 4mts TF but not before some drama. Initially Nifty was showing strong upside potential knocking the 22295 resistance…

Mutual Funds Day 16: No Guaranteed Returns

You might have already heard these words “Mutual Fund investments are subject to market risks, read all scheme related documents carefully.” AMCs and MF houses are supposed to provide this disclaimer in all their mandatory documents as well as advertisements. Have you ever thought about why this statement is actually required? The answer is that…

Nifty & BankNifty Analysis — 16 Apr 2024 — Below 22295, Above 22051, Still Bearish — PostMortem…

Nifty Analysis — Stance Bearish⬇️ Recap from yesterday: “Ideally, we need one more red candle below 22295 for some bearish safety. 22051 is the next support level which could be taken out pretty easily if the shorts pick up momentum.” Nifty hits an intraday low of 22079 today and a decent recovery to end the day at…

Mutual Funds Day 14: Tax Savings Option. ELSS Funds.

When you buy stocks, it is mainly considered an investment. Investment in stocks is what people do with their disposable income i.e. the amount left after consumption & savings. And investments rarely give a TAX benefit. Only one investment product in India gives you exposure to Equity and saves Rs1,50,000 per year of taxable income….

Nifty & BankNifty Analysis — 15 Apr 2024–22295 support is taken out, I am short-PostMortem Series…

Nifty Analysis — Stance Bearish⬇️ Recap from yesterday: “On the higher time frame, we have a double top formation (M pattern). To negate the pattern we would have to take out the ATH, otherwise, it looks like a nice setup to go bearish. 22519 is a good interim support level, the main support comes only at 22295.”…

Nifty & BankNifty Analysis — 12 Apr 2024–4 RED Candles, first real sign of reversal?-PostMortem

Nifty Analysis — Stance Neutral ➡️️ Recap from yesterday: “As I write this article, SPX, NDQ, and DJI are down over 1.1%. A spillover effect is definite but because we have a holiday tomorrow, we might have another day of US stock market action left to react.” The first real sign of a breakdown. US CPI came…