Nifty & BankNifty Analysis — 09 Apr 2024 — A New High, but a sharp fall afterward.

Nifty Analysis — Stance Bullish ⬆️ Nifty hits a new ATH and then falls over 155 points, goes below water, and then closes 23 points lower @ 22642. The new ATH is 22768. The main villain again was the NiftyIT sector which had a -1.59% 566 points intraday fall. Firstly it went up 535 points in the…

Mutual Funds Day 2: Savings vs Investments

Savings and Investments meant two separate things before Mutual Funds became famous. The main difference between them was Liquidity. Savings came with a higher liquidity and lower yield whereas Investments came with a lower liquidity and higher yield. Liquidity means how soon you can withdraw the money and use it for a financial emergency. Yield…

Nifty & BankNifty Analysis — 08 Apr 2024 — Nifty gets a new ATH, NiftyIT in RED-PostMortem Series…

Nifty Analysis — Stance Bullish ⬆️ Recap from yesterday: “Today was an inside day with no real momentum and that does not mean that we are not bullish.” Nifty does a gap up and then continues the climb to hit a new ATH of 22697 by 13.19. You would be surprised that the majority of those gains…

Learn Mutual Funds & Investing— Mission 90 Days

The equity markets are booming everywhere. Surprisingly, India is outperforming developed markets in ways never seen before. One of the reasons for this outlier event is the huge influx of retail investors post-Covid lockdown. There are 2 ways to look at an event The optimistic way The pessimistic way The optimist would say “New entrants…

Nifty & BankNifty Analysis — 05 Apr 2024 — Nifty was Flat, BN picked up momentum -PostMortem…

Nifty Analysis — Stance Bullish ⬆️ Recap from yesterday: “Now take a look at the 63mts chart, and see where the reversal came from ~ 22295 levels. That is the main reason why we said a stance change is required only if 22295 is broken and since we did not do that, we continue to remain bullish.”…

Nifty & BankNifty Analysis — 04 Apr 2024 — The first candle today came as a shocker -PostMortem…

Nifty Analysis — Stance Bullish ⬆️ Recap from yesterday: “This is because if Nifty50 reverses, there is no way BankNifty can maintain the positive momentum. For tomorrow we wish to start with the bullish stance itself and go neutral if the 22295 levels are not holding.” Absolutely crazy price action today, we fell a whopping 315 points…

Nifty & BankNifty Analysis — 03 Apr 2024 — The Bulls have not given up yet, there is still hope…

Nifty Analysis — Stance Bullish ⬆️ Recap from yesterday: “We wish to maintain the bullish stance for tomorrow as well, but we will be a bit cautious if Nifty falls below 22393 levels. A stance revision may not be even required till 22295 is broken” As we feared yesterday, we got the drop below 22393 levels but…