Bombaylives Weekly Newsletter #19
Budget, MRPL, Gold , Mormons,
May this Budget bring joy and happiness to all Traders and Investors.
Markets will be volatile, Nifty is currently in sell zone, Buy zone is only above 17350 on MAST
Bank Nifty longs only above 38300 levels
Nifty Breadth is oversold.
Stock of the Week
MRPL CMP 46.5 , Stops 40 levels
Some interesting Reads and Tweets
If you're looking in the right places, the internet is a treasure trove.
The best internet gems you've never heard of:
The fact that the future is endless possibilities excites me.
With a thoughtful trading approach that caps the downside risk, you've got almost nothing to lose and everything to gain.
1) 🗣 THIS ONE TRICK THAT THE IRS DOESN'T WANT YOU TO KNOW: USE GOD AS A TAX LOOPHOLE 🗣
One hedge fund has grown from $1B to $128B in 45 years while paying $0 in taxes.
It's not on Wall Street or Silicon Valley. It's in Utah.
The Mormon Church.
Check this out.
Trading changes your life.
The more you trade, the more you realize emotion control is power.
If you can control your emotions, you can do anything.
Mary Wells Lawrence changed advertising forever. This is a thread about her story and how she became an ad industry legend in the 1960s.
Use Chrome? Here is a list of @labnol's favorite extensions. If you are not familiar with Amit Argwal, he is an amazing resource. I've been following him for years and he never disappoints to drop value bombs.
What moves the #Gold price? 🧵
It is said that gold is an Inflation hedge. But if you look at the historical data points, Gold has not really been able to live upto the expectations, lets discuss.
Do hit the ‘re-tweet’ and help us educate more investors. (1/14)
#Investing
Promos and Causes I Like :
Support - The Sapling Project - https://www.instamojo.com/@sapling/
Please share your views, feedback, and suggestion in the comments section or you can reach me on Twitter at @bombaylives and last but not the least, Please share this newsletter with your friends and family.