“Sell in May and go away” is working well this year . . .

Today’s Daily Byte

It seems like the adage “sell in May and go away” is working well this year, as the markets have been down for a few consecutive days now.

The hourly chart illustrates the market’s collapse from the opening, followed by a mild recovery towards the end of the day. While the market is still above major support zones, there is a head and shoulders pattern formation indicating a target of 22,000, suggesting a possible slip of another 300 points before reaching that target.

The recent dull sessions are mostly attributed to . . .

Reading Time : 5 Minutes

Buy what goes up, Sell what goes down!

Over the past two and a half years, Paytm’s chart reflects a consistent downward trend, with occasional minor fluctuations.

Despite this clear pattern, many investors remain bullish on the stock, raising the question:

What drives the rush to buy?. . . . .

Reading Time : 2 Minutes

Appreciate non linearity!

Understanding exponential growth and the magic of compounding may seem like familiar concepts, but their true impact often eludes our grasp due to our innate linear thinking. Despite our theoretical knowledge, appreciating the profound effects of compounding requires a deeper exploration.

Consider a simple scenario: a stadium with a single drop of leakage from a tap every minute. Now, imagine that the number of drops doubles every subsequent minute. Initially, progress seems slow, but astonishingly, it only takes 50 minutes to fill the entire stadium. Even after 45 minutes, the stadium is merely 7% full, highlighting the remarkable acceleration of growth in the final minutes.

Let’s study the Warren Buffet Effect ?. . . . .

Reading Time : 3 Minutes