The WeekendInvesting Newsletter - 26 March 2024

Effective 01 Apr 2024 , Mi NNF 10’s subscription fee will be increased for the first time since launch.  This adjustment is necessary to ensure that we can maintain the high-quality standards and provide you with the best possible investment experience.

Old Pricing : Rs 2,499 (Quarterly)  |  Rs 7,499 (Annual)

New Pricing : Rs 3,333 (Quarterly)  |  Rs 9,999 (Annual)

Watch this special video to know more - https://youtu.be/T1cSMXmCVhg

Note: Nothing changes for current subscribers at all. You shall continue to enjoy access to the strategy at your current subscription fee as long as you do not break your subscription loop.

For those who haven’t subscribed yet : This is a great opportunity to subscribe to Mi NNF 10 at its current pricing. Use the link given below to subscribe .

Case Study : Hatson Agro

Hatsun Agro Products, a stock that lingered between 400 to 600 for years, saw a remarkable turnaround post-COVID. Despite a gradual decline, it surged beyond its previous highs in late 2020, reaching an all-time high by September-October. This caught the attention of one of our momentum strategies (HNI Wealth Builder), leading to a making an entry around 700 levels.

The momentum strategy capitalized on Hatsun Agro’s upward trajectory, yielding significant gains as the stock soared to 1500. Exiting near 1200, the strategy avoided potential losses as the stock fluctuated between 800 and 1200. Currently trading at 1100, this approach exemplifies the importance of seizing opportunities with a simple rule based approach.. . . . .

Reading Time : 2 Minutes

Should we follow the Central Bankers ?

In recent years, central banks around the world have been on a gold-buying spree, and the numbers are staggering. According to data from Bank of America global research, their net purchases have skyrocketed, particularly since the 2008 Global Financial Crisis. What was once a modest 400 tons per year has now surged to nearly 2000 tons annually. This trend is hard to ignore, especially considering that total gold production worldwide amounts to only around 3000 tons.

Central banks play a pivotal role in managing global monetary systems. As institutions responsible for determining currency values and managing reserves, their actions carry significant weight. The rapid pace of gold accumulation suggests that something significant might be underway in the world of finance. While there are various theories about the implications of this gold rush, one thing is clear: the current financial system is under strain. . . .

Reading Time : 3 Minutes

WeekendInvesting Daily Bytes

today’s session saw a moderately positive performance from the Nifty, despite a choppy and range-bound trading pattern between 21,800 and 22,200. The week’s shortened trading schedule and impending U.S. economic data release, including GDP numbers, add a layer of anticipation, especially following the Fed’s indication of potential rate cuts in 2024. However, the recent rate hike by Japan introduces a degree of uncertainty regarding future U.S. rate adjustments.

Despite the Nifty’s subdued close, the broader market fared quite well, excluding . . . .

Reading Time : 4 Minutes