Overall scenario suggesting that bulls are likely to take the rally forward and much higher levels can be seen. Previously the target 76 was suggested and it has already been achieved. Further, in the medium term the level of 78 and 79.5 can be expected and every dip should be taken as a buying opportunity. But as far as the current truncated week is concerned, the currency pair can move up to the level of 78. … [Read more...] about USD/rupee may go up further towards 78; here’s how you can trade this week
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1. If Sensex cuts 40% decline levels (~26,000) – Convert STP to lump sum and immediately deploy adequate amount to ensure that 50% of the earmarked money is invested in equities2. If Sensex cuts 45% decline levels (~24,000) – Convert STP to lump sum and immediately deploy adequate amount to ensure that 75% of the earmarked money is invested in equities3. If Sensex cuts 50% decline levels (~22,000) – Deploy remaining amount entirely into equities – so that 100% of the earmarked money is now invested in equities … [Read more...] about Equity investment – should we invest all at once or in a staggered manner?
Q) Another volatile week for Indian markets – with 8,055 as a base. What is causing panic in the markets?A) Rising numbers of infections in the US, the fall of the US Indices, fear arising out of the super spreader event of Nizamuddin, is making the markets sulk. … [Read more...] about ‘SBI Life Insurance could turn out to be a multibagger in the next 5 years’
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.Time to show-off your poker skills and win Rs.25 lakhs with no investment. Register Now! … [Read more...] about ‘Broken Wing Butterfly’ is slow but steady strategy in making money amid volatility
* British Prime Minister Boris Johnson said he was remaining in isolation with mild symptoms, seven days after he was confirmed to be infected. Britain's health minister said the curve of deaths could peak on Easter Sunday. Queen Elizabeth will make an extremely rare address to the nation on Sunday. … [Read more...] about Coronavirus pandemic | Latest on the spread of COVID-19 around the world