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Showing posts from January, 2022

India's growth in terms of Automobile sales

 India's growth in terms of Automobile sales Hello readers, India Car sales growth story Car sales growth numbers we considering as reflection of  growth story of Indian household and economy. As we looked over numbers there is no great story. 2006 Car sales- 1.31 Million units 2020 Car sales- 2.43 Million units Average annual growth rate was only 5.22% As we look car sales growth as economy's growth then we not grow in last 10 years or slightly grow. Our consideration of car sales growth is direct reflection of growth in lifestyle of citizens, we may wrong also for this consideration.  As we take base year 2012/2013 to compare growth in Auto sales then result is there is zero or near zero growth in 2021. Below are car sales numbers year-wise (Million units): 2011- 2.5 2013- 2.7 2015- 2.6 2017- 3.0 2019- 3.1 2021- 2.71 As compare to Brazil which which having similar numbers of car sales like India in Emerging market class. So If we compare both country's stock index then

Old lessons repeat again

 Old lessons repeat again Hi readers, Today is Nifty50 index close 2.66% down as normal previously happen many times. Sometimes we saw 3%, 4% downside in index for a day. So Today I am not writing here about fall because it was expected and I earlier updated over blogs, YT video and in Telegram also. And this downtrend may continue till 15900 in upcoming time. so leaving it as of now. If someone selling product at higher price from actual its MRP then will you buy that product? Obviously NOT, correct? Yes, everyone who using own mind will never buy any product at higher price from its actual price. Few months back, some business owners came to market and see peoples who are desperate to buy business without knowing quality of business, they make plan to sell some part of business to such foolish peoples at higher price. And peoples happily brought cheap quality business partnership at too higher price.  Then after sometime these foolish peoples again come back to market to sell busines

Market ahead- Jan 2022

 Market ahead- Jan 2022 "The stock market is the story of cycles and of the human behaviour that is responsible for overreaction in both the directions."  -Seth Klarman As we updated about all major moves in Index on Telegram and YT, now Index turned towards downside and closed(17613), below the major support of 17660. Index moving along with our projected path which shown in below image. May 2022 possibility- Auto Index- As we currently bearish on index Nifty50 but as we looked Nifty Auto index which quietly looking bullish above 12230. Auto Index looking attractive for long if Index hold above 12000. Auto weightage in NIFTY50- 4.95% TOP 10 STOCK Weightage- 58.39% No Auto stock in top 10 stock which having higher weightage. So it's meaning is NIFTY50 n NIFTY-AUTO may behave opposite to each other. Even after bearish view on NIFTY50, We may go long for NIFTY-AUTO. We may correct in both cases or correct in one case only. There is game of probability anything can be poss

Personal Finance & Building Decade for youths- I

 Personal Finance & Building Decade- I “Beware of little expenses; a small leak will sink a great ship.” Hello readers, In this article you are going to read about personal finance management. In personal finance management we are talking about how you can make roadmap for your stable future. Before that I want to give you my short intro. I am Mayur Jagtap. I am attached with market since 2018 when peoples not aware about it and many peoples criticized me that time when I decided to join this field. And as of now you know there is flood of new peoples in market post pandemic stock market crisis. And peoples become crazy to invest as there is boom in market since last 2 years. This boom is liquidity driven boom and any stock you picked randomly that gave tremendous returns to stock holders. Here I used word ‘Stock holder’ purposefully as there is difference between investor and stock holder. There are many companies which are not generating profit of single penny but they gave multi