mi50 closed at +6.1%..

May 6, 2016 1 min read

The week was tepid on the benchmark with Nifty losing more than a percent but Mi50 picked up more steam and closed at its highest level at end of the week.

Of the 51 trades since inception, advance decline is at 31:20 and avg gain is 12% vs avg loss of -3%. The parameters look good and much above expectation so far.

Sugar exposure at around 18% has helped a lot, driving home the point not to get afraid of stocks running far ahead of the market.

There were many new probable trades but mi50 is fully allocated so we wait for a open slot to trade.

Have a happy worry free weekend!

Leave a Reply

Your email address will not be published. Required fields are marked *

Related posts

February 7, 2024 by Weekend Investing

Practical insights for wealth creation

Join the thousands of regular readers of our weekly newsletter and other updates delivered to your inbox and never miss on our articles.

Thank you. You will hear from us soon.

Mail Sent Failed !


    mi50 closed at +6.1%..