The WeekendInvesting Newsletter - 30 Jan 2024

As an investor, you may have come across situations where the trajectory of a company’s earnings is in stark contrast to the movement of its stock price. This phenomenon can be perplexing and create confusion, especially for those who follow fundamental analysis. In this article, we will explore the disconnect between earnings and stock price movement.

Lauras Labs earnings in the past nine months have fallen to 87 crores, a significant decline compared to the previous year’s earnings of 793 crores. However, despite this sharp decline, the stock price has risen by 30% in FY24 so far. This observation raises an important question: Why is the market not punishing the company for its poor earnings performance? . . . .

Reading Time : 3 Minutes

Candlesticks are a Japanese method of depicting price moves in a visually appealing way. They provide a clear representation of the open, high, low, and close prices of a security within a specific period. These periods can range from minutes to days, weeks, or even months, depending on the trader’s perspective and trading style.

Each candlestick contains crucial information that can help traders assess the market sentiment and make informed trading decisions.

Let’s take a closer look at the different components of a candlestick: . . .

Reading Time : 3 Minutes

WeekendInvesting Daily Bytes

The market seems to be exhibiting signs of fatigue, as it leapt up yesterday and reached the same resistance zone it has encountered multiple times before. The level of 21,800 has become a significant warzone for the Nifty, with each attempt to break through resulting in failure. Although it is expected that the Nifty will eventually break through, the duration of the consolidation period remains uncertain.

Throughout this analysis, it is crucial to pay attention to . . . .

Reading Time : 6 Minutes