The WeekendInvesting Newsletter - 1 March 2024

Markets soar to another All Time High ! Nifty’s bullish Marubozu candle, signifying. . .


1 March 2024 · Friday

Good evening, WeekendInvestor !

Join us for the announcement of launch of our new HNI Strategy. Designed with the high-net-worth investor in mind, this strategy embodies capital preservation at its core.

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- Be among the first to learn about the new launch

- Have questions? Get them answered live by Alok !

Mark your Calendars and set a reminder now and join us for the launch. Let's embark on this exciting journey together !

Prospects for $Gold in 2024 are awesome!

Take a glance at the dollar gold chart, and you’ll notice a fascinating trend that has persisted since August 2020.

Despite fluctuations in other markets, dollar gold has remained relatively stagnant, hovering between $1640 and $2000 for nearly four years. While Indian rupee gold has seen fluctuations due to currency depreciation, dollar gold has remained unchanged, teetering on the brink of a potential breakthrough.

What’s intriguing is the emergence of distinct patterns in the gold chart. One notable pattern is the. . . .

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The opportunity cost of no Exits.

The stock market journey is rarely a smooth ride. Even fundamentally strong companies can experience significant price swings, leaving investors grappling with emotional turmoil and difficult decisions.

This article explores the importance of exit strategies, using Sun Pharma as a case study, to navigate these market fluctuations and protect your capital.

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WeekendInvesting Daily Bytes

Nifty has kicked off March with a bang, soaring by 1.6% in a robust display that overshadowed previous sessions’ hesitations. The leap was likely spurred by GDP numbers beating expectations, with the economy showing stronger growth than forecasted.

Nifty’s bullish Marubozu candle, signifying a strong day’s performance, suggests a positive outlook and a potential continuation of the upward trend. The index successfully navigating above a key trend line and overcoming recent consolidation patterns indicates a healthy market appetite for more gains.

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There was a typo in the yesterday's blog titled " 5 ways to destroy family wealth". This blog was based on a fantastic column written for LiveMint by Mr Rahul Goel who's name had some spelling error. We would like to apologize for this error and also assure you that this shall not repeat in the times to come.

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