Today’s Action:
Frontline indices slip once again, escape distribution day.
Daily Market Review:
The stock market closed sharply lower on Monday to mark a five-day losing streak, the longest in over two months.
Despite a positive start on the bourses, bears took complete control over Dalal street and pushed the key indices lower. The Sensex tumbled 0.7% and the Nifty 0.8%. Continue reading “Daily Big Picture – Market Extends Losses For Fifth Day In A Row”
[embedyt] https://www.youtube.com/watch?v=fwUrsW44BiQ[/embedyt]
Making Sense of the Current Market – MarketSmith India Webinar covers the following:
• Current Market Condition
• Signs of Divergence
• Some Interesting Facts
• What Should Investors Do
In the battle for investment survival, you can learn a lot from judo. The first and most important lesson in that martial art is the same for the stock market: damage control.
Judo masters begin not by learning how to throw, but how to fall. They practice this skill until it is as natural as breathing. No matter how many times they are flipped, they can rise to fight again. Continue reading “Still the No. 1 Rule for Stock Investors: Always Cut Your Losses Short”
Edelweiss Financial Services rallied 9.1% this week driven by heavy-volume buying. The Company had recently reported strong numbers in Q4 FY 2018. Its revenues grew 35% y/y and profit after tax jumped 46% y/y. The stock closed 1.9% above its pivot price of Rs 309.10 and remains actionable.
Colgate Palmolive jumped 3.9% in today’s session on more than 2.5x the 50-day average volume. The stock hit a new high and is currently trading 7% above its pivot price of Rs 1,141.60.
