Staying Foolish, Staying Hopeful — December 2020 Series — December 10, 2020

Life goes on. Hope and foolishness both remain in place. It is still a contest. NIFTY made yet another all time high. It has become so routine now that writing about it is not exciting any more. NIFTY closed above 13500 for the first time ever, with a gain of 136 points yesterday. LT and […]

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Money In The Bank — December 2020 Series — December 10, 2020

A look at the BANKNIFTY chart for December 09: Steadily the index built up the momentum and moved ahead in the last part of the day. Our set up was struggling to gain a foot hold in the profit zone due to poor performance of HDFCBANK and KOTAKBANK over last few days. This is what […]

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Bucking The Trend — December 2020 Series — December 10, 2020

The trade in MARUTI continued to mock us for yet another day. The good part is that this stock did not participate at all in the NIFTY up move yesterday. Like previous day, it hovered in a range throughout the day and closed slightly in the red. We need a good down move in this […]

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Not So Lazy — December 2020 Series — December 10,2020

Another day, another new high for NIFTY. This has become the norm now. The new high is 13548.90. No one could have anticipated this in March 2020 when NIFTY made a low of 7511. The gain from that point is a little more than 80%. Well, it has happened and it is true. Market has […]

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