22 Mar ’24 — Nifty makes a Run, but crucial profit booking in last hour — Nifty & BankNifty…

Nifty Analysis — Stance Neutral ➡️ Recap from yesterday: “Momentum is still something Nifty50 was not able to find so far, mainly because follow-up buying or selling was just not there.” 4mts chart Nifty has become really unpredictable and is taking all the professional traders on a wild ride. We opened Gap-down, and the 3rd candle went…

How to buy Mutual Funds, Insurance, NPS, Fixed Deposits via mobile app

Today we will have a brief intro about my mobile app On the left navigation, you can find options for “All mutual Funds”, “Top Mutual Funds”, “NPS”, “FDs”, “Insurance” etc. When you click each of the links, the detailed plans available will display. Mutual Funds 2. Insurance 3. Fixed Deposits 4. NPS Finally, some important…

21 Mar ’24 — Nifty goes from bearish to neutral, thanks to SPX — Nifty & BankNifty PostMortem…

Nifty Analysis — Stance Neutral ➡️ Recap from yesterday: “Momentum is a great thing in technical analysis, the trend starts only when the momentum is in favor because if things stay as it is — markets will recover.” 4mts chart Whatever trap was set up by the Bears, it was busted open today with the gap-up. We opened 167…

Nifty Analysis — Stance Bearish⬇️

Nifty Analysis — Stance Bearish⬇️ Recap from yesterday: “Once we breached the support, there was no attempt to retrace. One thing is missing though — momentum. The weak hands still hold the shorts..” 4mts chart Nifty went ahead and broke the recent swing low. The lowest point today was 21710. From the open till 10.47 — the index played as per…

The concept of Wealth, Income and Assets

There are 4 factors of production namely Land Labor Capital Entrepreneur Land gives you rental income. Labor is the human resource that you employ. Capital is the fund adequacy you maintain. Entrepreneur is the business acumen you have in coordinating the other 3 factors. You need all four factors working together to create “True Wealth”,…

19 Mar ’24 — Another Support Broken — 21913, more downside? — Nifty & BankNifty PostMortem Analysis

Nifty Analysis — Stance Bearish⬇️ Recap from yesterday: “The only thing that could override this W pattern is the lower high, lower low formation. LH, LL will take precedence over a short-duration pattern all the time.“ 4mts chart I can say With 70% confidence that Nifty50’s Lower Low, Lower High (LL, LH) wave formation has taken precedence…

We will discuss the difference between Saving and Investing

Before we talk about Savings, we need to understand “Consumption”. In General economics Income = Consumption + Savings. So what is left after consumption is called savings. Consumption is what you require to live — food, clothing, shelter, transportation, communication etc. For a poor person, consumption will be the major portion of his income. Most likely, his…

18 Mar ’24 — Is Nifty above or below 22051? Check Chart — Nifty & BankNifty PostMortem Analysis

Nifty Analysis — Stance Bearish⬇️ Recap from yesterday: “The only reason we pushed through the resistance yesterday was because of NiftyIT. And today NiftyIT started with cuts of -0.9%. Do you agree with me now that the main villain is NiftyIT which is preventing Nifty50 for a smooth directional trend?” 4mts chart Is Nifty above or below…