As of EOD 01-10-2021, the indices ended in a good amount of Red and there is some sort of pessimism set in from the posts, messages that I have been reading and watching. People have started calling for downward levels citing DXY and global issues and whatnot.
As a trader/investor, I feel that the greater the pessimism and such pessimism is...
This is the classical form of Investing that we may have come across as a complete novice to the concept of investing or investments. Even my introduction to the world of investing was done through the Mutual Funds or MF route. I was aware of the share market but had no clue about it, but due to my interest in making money and thanks to my childhood habits of...
In the earlier part, we talked about the IPO route to invest and earn listing gains and then letting the profits turn into possibly a good long-term investment - the subject of course to the ever-elusive allotment being honored by the company in question.
For example, I did not get an allotment of Zomato Shares and lost the opportunity to lock in 80%+ listing...
This an ETF which is linked with PSU Banks, If you wish to benefit the current PSU Banks Rally and want to ride the wave. This is a perfect trade. You can Swing / Short Term / Long Term on this trade. We will navigate you through the trailing SLs and Targets.
BONUS DAILY SWING CALL // Wednesday 17th of February 2021 / NSE:PSUBNKBEES ...
BANKNIFTY | Looks strong for another 4000-5000 points rally - Consider buying only BANKBEES with some leverage than doing with F&O during this volatile period.
Weekly candle only looks like taking a pause - insider candle.
CMP : 35800
Target : 40000
P.S : View negated if BANKNIFTY closes below 35000 in Daily time frame.
BANKNIFTY | Strong support with RSI divergence
CMP : 31125
Support : 30800
Target : 31700, 32600
PS : Its an excellent dip, if you are worried about F&O (like me 😃) utilize this dip to accumulate BANKBEES 5-7% scope is there upside in couple of days
► Stock Info #1: ETFs ◄
📌 It’s important to build our own portfolio to create wealth. Here, I have posted one of my favourite investment 💕 tool.
📌 An ETF is a basket of stocks that reflects the composition of an Index, like S&P CNX Nifty or BSE Sensex. The ETFs trading value is based on the net asset value of the underlying stocks that it represents. Think of...
The CPSE ETF is made up of equity investments in 12 of India’s largest public sector companies. Owned 55% or more by the Government of India and listed on the NSE.
It is an Index fund. CPSE ETF Full form is Central Public Sector Enterprises. It's an Exchange, Traded Fund.
The government of India wanted to divest some of its holdings in CPSE and decided to divest...
WEDGE Formation after 14 weeks of constant Upmove (since Mar 23 bottom).
Reliance the Flag bearer of the rally, has no more new news flow coming ( thats what I presume). Though it could find a bottom at 1900 and move to 2350.
As expected, Nifty came down from the top of 11856 (which was above 29 PE - very very high) and is now at a support level. If anybody wants to buy Niftybees (Reliance ETF Nifty BeES) for long term investment then they can buy with 20%-25% of their capital now.
Uranium prices seems to have contracted and could soon provide a good and strong break out. The possibility of an upside break seems higher.
However, one must remember how this commodity has disappointed investors on several occasions in the past.