Daily Big Picture – Benchmark Indices Extend Gains to Close at Fresh Record Highs; Nifty Closes Above 9,900
Today’s Action:
The key indices built on their gains from last week, and made new highs in today’s session. Broader indices too witnessed buying interest.
Daily Market Review
The benchmark equity indices extended their all-time highs, led by a surge in stocks across market capitalizations and sectors (except the Nifty FMCG index). The Sensex and the Nifty made modest gains in today’s trade and closed at new all-time highs. The indices also made fresh all-time highs during the session. The Q1 FY 2018 earnings season has already started, and good results will be key for the market to sustain at higher levels. Continue reading “Daily Big Picture – Benchmark Indices Extend Gains to Close at Fresh Record Highs; Nifty Closes Above 9,900”
A Stock Drops Below your Entry Price; When Should You Get Back In?
In the weekly technical article published on July 02, 2017, we discussed about “How to Preserve your Hard-Earned Money.” We hope you found the article useful. Today, we move on to a new topic, where we talk about “When Should You Get Back In.”
You bought a stock that had all the right qualities to become a multibagger. You saw it rise steadily to a double-digit gain, and then were forced to sell for a small gain, or break even as the stock plunged back to the proper buy point. Have you ever faced this situation? Continue reading “A Stock Drops Below your Entry Price; When Should You Get Back In?”
Weekly Big Picture – Benchmark Indices Scale All-time highs; Record Best Weekly Gain in Four Months
MARKET PULSE
Status: Confirmed Uptrend
Highlights:
Four up days, one down day
Weekly Market Review
The benchmark indices extended gains from last week in a record setting spree, this week. Both, the Sensex and the Nifty marked all-time highs on Monday, after rallying over 1% each. The indices held on to the positive zone with small increments on Tuesday and Wednesday, thereby extending their highs. Heavy accumulation in Thursday’s session, helped amass a weekly gain of over 2%. However, the benchmark indices snapped from their winning streak to post marginal losses, likely due to profit booking, in today’s session. Despite one down day, the key indices recorded their best weekly gain in the last four months. Continue reading “Weekly Big Picture – Benchmark Indices Scale All-time highs; Record Best Weekly Gain in Four Months”
CAN SLIM – Putting it All Together – MarketSmith India Webinar
[embedyt] https://www.youtube.com/watch?v=S2IZLoWIb-s[/embedyt]
CAN SLIM – Putting it All Together – MarketSmith India Webinar covers the following:
• From Strategy to Application
• How to Use MarketSmith India Ratings
• Quick Investing Routine
• How to Build & Maintain a Profitable Watch List
• Checklists & Cheat Sheets
•MarketSmith India’s 20-20 Challenge