Why Do You Need To Invest Early For Your Children?
As a parent, you completely dedicate your life to your children right from the moment you cradle them for the first time. You do your best to make sure that they live a better life than the one that was offered to you. Their well-being becomes your sole priority, and you start planning everything to give them a secure life—the best school, a friendly neighborhood to grow up in, and the best...
Market Morning Notes For 15th November
The market activity turned laggard on Monday with the Nifty 50 failing to cross the key hurdle of 18513 after USDINR bounced back sharply to close above 81 levels. With the formation of ‘Hanging Man’ on the previous week’s setup, we expect the current weak movement to turn decisive with either movement above 18513 or breakdown below 18025. The key trigger to watch for globally would be...
Market Morning Notes For 14th November
Markets posted gains of around +1% for the week on the back of a surge in global markets mainly due to China re-opening news with the Nifty 50 inching a step closer to negating the critical hurdle of 18513. On a weekly basis, Nifty 50 has formed ‘Hanging Man’ pattern which often is seen as a major trend reversal, and the only way strength can emerge is when prices trade above the ‘Hanging...
Market Morning Notes 11th November 2022
Markets ended lower on the back of broad-based selling but Nifty 50 managed to hold closing above crucial support placed at 18025 ahead of key U.S. CPI numbers. The U.S. CPI numbers which came in yesterday evening were well below estimates thus revoking fears of further rate hikes. The global markets have taken this development positively with the U.S indices closing higher by 4%. Indian...
Market Morning Notes For 10th November 2022
Markets failed to carry momentum beyond 18300 on Wednesday despite higher opening and were followed by closing in the negative terrain with breadth turning unfavorable. After the recent upmove, the Nifty 50 Index remains under major risk with a potential downside of 14700, if it is unable to clear the critical hurdle of 18513. The daily RSI has been showing negative divergence and a...
Market Morning Notes For 04th November 2022
Market activity remained laggard on Thursday with Nifty 50 ending in marginal negative terrain to hold firmly above 18000 levels. The levels of 18513 still pose a major risk for markets as the current rebound has been led by non-technology stocks within the Nifty 50 Index. In case we plot, the data of the Nifty 50 Index ex-IT, it clearly shows the formation of the rising wedge which construes...
Market Morning Notes 3rd November 2022
Markets turned cautious on Wednesday ahead of the U.S Fed meeting with the Nifty 50 forming a Bearish Engulfing line on the candlestick and prices retreated from highs of 18178 levels. The wide deviation in performance between global markets and Indian markets has reached its optimal peak and hence one should adopt a cautious stance till the time the Nifty 50 does not cross above the 18513...
Market Morning Notes For 02nd November 2022
Markets for the month of November began on a positive note with the Nifty 50 Index closing well above the 8-month high followed by confirmation of the ‘Monthly Breakout’. The breakout setup has clearly opened the gateway towards 19867 but with one important ‘Caveat’. It becomes necessary from now onwards that Nifty 50 clears the hurdle of 18513 in the next few days else there is a 10%...
How Are Rising Interest Rates Affecting Home Loans?
Here’s an interesting tradition related to houses. Many people follow the practice of painting their front door red. In America, it is done to radiate a welcoming energy and to symbolize that it is a safe place for travelers to stop by. In Ireland, a red door is believed to ward off evil spirits while in Scotland, doors are painted red once the owners have paid off their mortgage. Homes...