Month: November 2018

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Daily Big Picture – Nifty Ends 1% Lower Weighed Down by Auto and Banking Stocks

Today’s Action:

The Nifty and the Sensex each fell 1% after opening positive in the morning. Model Portfolio, -1.3%; MSI Ind 47, -0.4%.

Daily Market Review:

The Nifty and the Sensex each fell 1% today. Except Nifty IT, all other indices ended in the red. Nifty PSU banks and Nifty Auto were the top losers. Tata Motors(-4.6%) was the top loser among auto stocks followed by Hero Motocorp (-4.2%). Small PSU banks lost the most among banking stocks, with major losers being Oriental Bk.Of Commerce (-9.0%) and Bank Of India (-5.2%). Hindalco Industries (-4.1%) was the top loser among metal stocks.

Nifty Midcap and Nifty Smallcap lost 1% and 1.1%, respectively, in line with frontline indices. Continue reading “Daily Big Picture – Nifty Ends 1% Lower Weighed Down by Auto and Banking Stocks”

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Using the 50-DMA Line for Alternate Entry in Growth Stocks

A lucrative way to multiply your capital is to use position sizing in your favor. Many a time, position sizing is used as a way to manage risk in long-term investing. Reducing your position size gradually when the market comes under pressure resorts to volatility; it is a classic strategy to safeguard your capital. But when you are in a growth stock whose story you’re convinced in, increasing your invested capital as the stock signals follow-on entry points can result into compounding of profits. Continue reading “Using the 50-DMA Line for Alternate Entry in Growth Stocks”