Weekly update: for week ending 31st December, 2021

WEEK that was We at Mystic Wealth would like to wish you and your family a  Happy and prosperous New Year. Market cheered the New Year as well and has rallied nicely. Both indices and broader markets have shown strength. Whether this is typical seaso...

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Jan 02, 2022
Weekly update: for week ending 24th December

WEEK that was Nifty is holding on to 30 week moving average for its dear life. There are no clear winners between bulls and bears. It is almost like market is waiting the potency of Omicron before deciding its course.  Same price action is happening...

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Dec 26, 2021
Weekly update: for week ending 17th December

WEEK that was Markets have taken a U turn again on the negative side. Our Broader market product MWT went into cash 2 weeks ago. BankNifty has moved below its 200 day moving average. All our strategies bled this week inline with broader markets.   He...

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Dec 19, 2021
Weekly update: for week ending 10th December

WEEK that was   Market staged a V shaped comeback. The corona variant is a dud!! as per markets. Both Nifty and broader markets saw a considerable improvement in breadth. US markets have hit an ATH. Here is a weekly update on our strategies.     MWM...

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Dec 12, 2021
Weekly update: for week ending 3rd December

WEEK that was Market is trying to stage a comeback after getting the thrashing last week. There is a lot of volatility between bulls and bears in this tug of war. US markets are also in downtrend (short term timeframes). MWM is under performing the b...

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Dec 05, 2021
Weekly update: for week ending 26th November

WEEK that was Market got corona scare and nosedived this week. May be this was just an excuse to shed some of the profits accumulated over the last year. Both Nifty and BankNifty are now below major moving averages. Our strategies also took it on the...

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Nov 28, 2021
Weekly update: for week ending 18th November

WEEK that was While we started the week on a positive note, everything turned sour as it progressed. All major indices corrected and our strategies were no different. #MWM is a drawdown of -4.88%   Here is a weekly update on our strategies.   MWM web...

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Nov 21, 2021
Weekly update: for week ending 12th November

WEEK that was The battle is On with a see-saw between bulls and bears. This week Bulls staged a comeback. Nifty Junior which is the main instrument of our choice in #MWT rallied 2.65% this week. Here is a weekly update on our strategies.   MWM websit...

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Nov 14, 2021
Weekly update: for week ending 5th November

WEEK that was True to seasonality play in US, Indian markets have staged a comeback and stalled the correction. #MWV (our Value offering) has hit a new ATH and #MWM (Momentum) is currently at -3.80% DD.   Here is a weekly update on our strategies.  ...

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Nov 06, 2021