DID YOU SEE THIS BEAR COMING? (2min read) DAILY MARKET UPDATE RESUMES…

Nifty fell 226pts (-1.25%) closing at 17891. About 1000pts lower from 18700 when FIIs started selling in December. Banks were worse.

I closed my longs at 18700-18300 in December 2022.
Some of my clients will have a smile on their faces today!
Some who doubted, please start firefighting immediately…
Our PANDA 2X Hedge ensured – we close profitably even on such a bad day!

Investor Mood

> Markets will reward the performers and punish the losers. We need to have portfolios REBALANCED every quarter WITHOUT FAIL.
> It’s NOT a “FILL IT – SHUT IT – FORGET IT” approach, that will build wealth for you. One can work hard to earn – will not transform into wealth.
> A well-studied strategy with close & informed monitoring will definitely make the difference!

Market Mood

> Ahead of the Budget – the mood is negative!
> The Adani group tumbled down on the news of an adverse forensic report published ahead of their FPO, it will significantly damage the sentiments of investors who were planning to enter this group.
> This week traders should be cautious – there could be more selling in the cards. Better avoid the week till budget.
> Shorters will make money. But as the market has heavy shorts, traps could be laid for fresh shorters.

(this information is for educational purposes and not investment advice or trading tips. Please consult your #financialadvisor before #investing or #trading)