14th Dec ’23 — Markets break out yet again! — PostMortem on Nifty & BankNifty

Nifty Weekly Expiry Analysis Between the last expiry and today, Nifty gains 1.36% ~ 285pts. 1.23% ie 90% of the weekly gains came today. Since we hit a new ATH, the Bulls might be partying hard — December has been a good month for them so far. I am still worried for the Bears who have been…

Why A Full Blown Depression Will Be A Status-Quo For The Poor And A Blessing for the Middle-Class.

Data Inputs as on 10 Aug 2023 We will capture the cost of few daily use commodities, fuel & rentals in Kochi White Rice: 45 per kg Brown Rice: 65 per kg Beans: 140 per kg Carrot: 94 per kg Tomato: 119 per kg Ginger: 360 per kg Green Chilli: 80 per kg Potato: 44…

Bank Nifty Today — 09 DEC 2022 Post Mortem & Analysis + Nifty50 + NiftyIT comparison

Today’s price moves are quite interesting — Nifty50 ends the day with a loss of -0.61%, NiftyIT flash crashes at -3.14% but our hero Banknifty ends the day green +36.6pts. Such is the brute strength of the Banknifty bulls — really intense. BN opens gap up at 43765 new ATH and then hits intraday high of 43853 by 10.05….