Performance Update Some green cheer amidst bearish trend ! Nifty bounced from recent lower low to return (+2.2%) while all pother benchmarks also between 1% & 2%. While we have been battling several negative global news, we will need a round of positive global cues to re establish the upward trend. This week, we saw … Continue reading The Good Bad and Ugly weekly review : 24 June 2022

Performance Update Nifty cracked below the all important support level of 15500 – 15700 from where we witnessed multiple bounces in the last 12 months. We have also been seeing Lower Highs & Lower Lows since the recent Oct 2021 peak. The current bearish trajectory may be a result of several factors that are already … Continue reading The Good Bad and Ugly weekly review : 17 June 2022

Performance Update After a short spike of about 1000 points from 15740 levels (Mid May 2022), we have seen another round of downward move in the last one week. We had discussed that we will have to witness a move above the 200 MA or the latest lower high to confirm an up trend. But … Continue reading The Good Bad and Ugly weekly review : 10 June 2022

Performance Update After taking an all important support near 15700 levels around Mid May, markets seemed to have embarked upon an up trend for which the 200 DMA could act as an important resistance level to see if we can witness a further move on the upside. We have seen the markets making Lower Highs … Continue reading The Good Bad and Ugly weekly review : 03 June 2022

Performance Update Nifty continues to consolidate around the 15800 – 16500 mark for most of May 2022 with quite a bit of volatility. The not so bad news for now is that 15700 support level seems to be quite strong and the down trend since Apr 2022 seems to have been arrested for the time … Continue reading The Good Bad and Ugly weekly review : 27 May 2022

Performance Update SOME CHEER AMIDST PANIC – Despite the bounce this week, markets continued to display a lot of volatility with unexpected gaps almost everyday. 15700 odd level seems to be a very strong region of support as we have seen several bounces from there in the last 10 months. Whether the bounce we witnessed … Continue reading The Good Bad and Ugly weekly review : 20 May 2022

Performance Update UNFORGIVING – Markets continued on it’s downward journey with Nifty losing (-3.83%) in the last week and almost (-10%) in the last month. We have stayed in a range between 15671 & 18604 for about 7 months and the upcoming week will be crucial as we are close to 15671 which is an … Continue reading The Good Bad and Ugly weekly review : 13 May 2022

FOR Mi50 Universal users ( smallcase will adjust on its own)Please make the following changes in your sheets for Bonus BLS 1:1New Qty = Original Qty *2 New Purchase price =Original Price/2

Performance Update A SEA OF RED – RBI coming out with a sudden announcement to hike interest rates only added to the prevailing pessimism. Markets cracked hard in reaction to this with Nifty 50 losing 4% and other benchmarks losing between 4% & 6% this week. Volatility has spiked & FIIs have continued to sell … Continue reading The Good Bad and Ugly weekly review : 06 May 2022

Performance Update This week was all about volatility & wild gaps with no continuation of trend on either side. While FIIs have continued to sell aggressively, domestic inflows have sort of kept the markets afloat. We are looking at positive cues globally for a potential up move going forward. Smallcaps took a beating , losing … Continue reading The Good Bad and Ugly weekly review : 29 Apr 2022