It’s Friday the 13th…

INVESTING INSIGHTS — Friday, September 13th 2024

It’s Friday the 13th — considered an unlucky day!

Well, this morning, when we stepped out for work…the sun did rise…

For Nifty bullish traders and stock investors too, there is absolutely no bad news; in-fact, there is a Good News…

…Inflation is seen cooling…

Yipee…Uncharted territory shall be the new normal for benchmark Nifty.

The Gyan Mantra, Stay Bullish

# Nifty and Sensex new historic high are placed at 25433.35 and 83116.19 respectively.

# The trading theme revolves around markets increasing bets into the narrative that a soft landing in the US is underway.

# The street is actually hoping for more fireworks at the FOMC meeting outcome which will conclude on September 18th.

# Long Story Short: Nifty’s immediate goalpost continues to be at psychological 26000 milestone on backdrop of FOMO attraction at Dalal Street.

Trader Premium Services

Investor Premium Services

*RISK DISCLOSURES ON DERIVATIVES:*

# 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.

# On an average, loss makers registered net trading loss close to 50,000.

# Over and above the net trading losses incurred, loss makers expended an additional 28%of net trading losses as transaction costs.

# Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments.

🇮🇳 🇮🇳 🙏🏻