The market was uni -directional this week and that direction was UP
BankNifty finally broke the range and ripped higher by more than 2000 points.
STAIRS closed at its All Time Highs gaining about 17.5 percent on capital ( that is nearly 50% on margin) with BankNifty trades now at +121% and Nifty at +55% for the calendar year.
The smallcases all held well and gained ahead. There was some lag in smallcaps towards the end of the week having run up quite hard in previous weeks.
For Monday 31 Aug, the proposed changes are:
Mi_LT_CNX200 :NO CHANGE.
Mi_MT_Allcap : 2 ADDS
Mi_ST_ATH :NO CHANGE
Mi 25 :2 ADDS
Mi25 our top performing LIVE product was added to the smallcase bouquet also few weeks ago. The Mi25 strategy is based on small cap stocks and the smallcase will be suitable for portfolio size of 5 to 15 lac approx. The annual plan was launched at 14999 ( GST incl) and a trial 3 month plan at 4999( GST Incl) A special one time limited offer is offered for the existing Mi25 LIVE users if they wish to join the smallcase at 50% off for the annual plan closes on Aug 30 2020.
In the LIVE product strategies, all products gained handsomely with Mi25 and Mi50 standing out. The LIVE products provides a mature ground for more diversified and lower risk strategies than the smallcases and are suited for larger portfolios.
Some of this weeks testimonials received from gracious users of my products
That is all this week. STAY SAFE and stay in peace !
Sir. Is the date mentioned in the rebalance correct? You need to mention 31st Aug I think.
Yes thanks. The typo was updated