Staying Foolish, Staying Hopeful — December 2020 Series — December 18, 2020

This was NIFTY movement yesterday. Another record high was made at 11773.25. The interesting point to note is that even on the record high day, there are 34 losing stocks as compared to only 16 gainers. NIFTY closed higher because of the gains in heavy weights i.e. HDFC, HDFCBANK, TCS and RELIANCE. Other stocks did […]

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Money In The Bank — December 2020 Series — December 18, 2020

Another good day for the banking stocks. BANKNIFTY went up 148 points. For the fourth consecutive day, our trades remained in almost the same position. We are not getting the exit we want –to book a profit of around Rs. 18000. Well, maybe we need to wait another day. What else have we done since […]

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Bucking The Trend — December 2020 Series — December 18, 2020

Yesterday MARUTI moved in the direction we wanted. Even as NIFTY was making yet another all time high, MARUTI stock did not move into a high gear. As the day came to a close, it moved lower and the low of the day was made at Rs. 7625 before finally closing at Rs. 7694. In […]

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Not So Lazy — December 2020 Series — December 18, 2020

NIFTY opened above 13700, went lower briefly and managed to stay above 13700 level. It was the same story yesterday — another day, another new high. It was once again HDFC and HDFCBANK which contributed a lot to the NIFTY. This also helped our set up as these were the trades where some scope of […]

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