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#Nifty50 down 0.3% and #Midcap #Smallcap Indices up 1.5-2%. Stock Specific action continues.
Quick Sectoral Charts and Nifty50 USD.
Quick Charts–GHCL,Vatech Wabag,Tata Power, Parag Milk, GSFC, Bajaj Consumer.
Emerging Markets reversing the last 10-15 year trend. Value versus Growth reversing a 10-15 year trend.Commodity – A gone story is making a comeback. After 12 years of pumping trillions of dollars are we finally going to see somez inflation ?
Commodities – Gold Copper and Crude Are we looking at a few years of Commodities doing well, Inflation coming up, GDP Growth, Flow of Money from Developed to Emerging Market etc ? There is a thought that Value should outperform Growth when there is Economic Growth.
Big Trends Shaping Up in Global Charts – Dollar Index, Dow Jones, S&P 500,CBOE Vix, IndiaVix, Nikkei, Dax, Taiwan,China, Copper, Crude.
Quick Charts–Max Financial Services, Torrent Power, Healthcare Global, Sunteck Realty, Kolta Patil, Zensar Tech
#TodaysCommentary - Will put some interesting price moves seen under this hashtag. #PSU stocks some of them able to cross the gap up highs of #BPCL EOI announcement day. Interesting Price Action. #HDFCBank losing steam down 2%.
Most Interesting Nifty Chart–Nifty50 USD and BSE Dollex 30.
It seems after a long time all #Tata group companies are seeing re-rating - Many breakouts and strong moves in #TataMotors, #TataPower,#TataChem ...
#BPCL volumes are pretty high for #Diwali Day and EOI date on 16th November.
1) The Fall From peak of 2018 to November 2020 Nifty is up 19% 15% stocks trading above its Jan 2018 prices 85% stocks trading below its Jan 2018 prices 74% stocks down more than 25% from Jan 2018 prices. 55% stocks are down more than 50%.Read Post.
Reliance is a 4x and is the Largest Company in India. What are the few top new belief or faith. ( Long term Return 5-10-15-20 years ) According to me these are the Top 3 Beliefs which may be challenged and can get broken.
2017 – All of us whether technicals, fundamentals or even an individual saw Jio- a new product and a price breaking a 8 year high. Everyone traded but 8 year performance of Reliance and 3-4 year smallcaps move = Belief Large Money is made only by Investing in Smallcaps !!
85% of stocks are below the 2018 highs. 74% of the stocks are down more than 25% from January 2018. The structure of the market is extremely narrow, Nifty most of the move bcoz of a handful of stocks. Smallcap Indices are close to a breakout. Could eventually trend higher.
4) January 2020 to November 2020 – 20th Jan 2020 to 11th November 2020 Nifty is up 4% 40% stocks only are trading above its Jan prices 60% stocks are trading below its Jan prices 0.4% stocks or only 6 stocks are at par with their Jan prices
3 ) The Rise from March Lows 24th March 2020 to 11th November 2020 Nifty is up 63% 52% stocks were up more than Nifty 43% stocks gave return less than Nifty returns 95% gave positive returns 5% stocks gave negative return despite huge rise
2) The Fall from 20th January 2020 to 24th March 2020. · Nifty down (36%) · 71% of the stocks were down more than Nifty · 26% of the stocks were down less than Nifty · 98% gave negative returns 86% of the stocks fell more than 25% · Only 2% stocks gave positive returns
1) The Fall From peak of 2018 to Nov 2020 Nifty up 19% 15% stocks only are trading above its Jan 2018 prices 85% stocks are trading below its Jan 2018 prices 74% stocks are down more than 25% from the Jan 2018 prices. 55% stocks are down more than 50% from the Jan 2018 prices.
Nifty was at 10730 on 15th January 2020. Nifty made a top on 20th Jan 2020 hitting a high of 12430. Nifty made a bottom on 24th March 2020 hitting a low of 7511. Nifty made a new high on 2 days back on 9th Nov 2020 and is today (11th Nov 2020) trading at new highs at 12749