The two year YTD Annualised yield is closer to 30%, four consecutive half years of positive gains.
Previous history 2002 Jan over 2004 Dec, up 300% followed by down 16%
Next Comes Jan 2009 till Dec 2011 up 130% down following two half years around 33%
The best continuous remains 8 half years that is near four years
Jan 2016 till Dec 2019 but returns are 89% Annualised 22%. We know what transpired in the following half year.
So, what is in store now. Relatively not outstanding performance still there is room to grow for this half year also is the conclusion.
Safe as long as the new base remains 50K.
Clear shift in the base. Talking of the base, there are reports of inflation base year shifting, what it means what actual impact will remain interesting to see. It suits, or it hurts remains, hopefully they reflect ground realities.
Lots of Data from US, Political noise from the Europe remain the focus.
The channel break in the short term remains some supply zone.
Else the three black horizontal lines are the support zones.
The farther the lines, the greater the importance.
Etched in 50K, itching for 55 is the new expectation, in between there are in U turns at this point of time, save a corrective move to re-assert the up moves.
Previous history 2002 Jan over 2004 Dec, up 300% followed by down 16%
Next Comes Jan 2009 till Dec 2011 up 130% down following two half years around 33%
The best continuous remains 8 half years that is near four years
Jan 2016 till Dec 2019 but returns are 89% Annualised 22%. We know what transpired in the following half year.
So, what is in store now. Relatively not outstanding performance still there is room to grow for this half year also is the conclusion.
Safe as long as the new base remains 50K.
Clear shift in the base. Talking of the base, there are reports of inflation base year shifting, what it means what actual impact will remain interesting to see. It suits, or it hurts remains, hopefully they reflect ground realities.
Lots of Data from US, Political noise from the Europe remain the focus.
The channel break in the short term remains some supply zone.
Else the three black horizontal lines are the support zones.
The farther the lines, the greater the importance.
Etched in 50K, itching for 55 is the new expectation, in between there are in U turns at this point of time, save a corrective move to re-assert the up moves.
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