Investor Hangout
Investor Hangout » Uncategorized » Stock Market Outlook – April 12, 2021

Stock Market Outlook – April 12, 2021

In the last outlook, The NSE Industrial index was the only index that was outperforming the general market over a 200-period timeframe. Remember, also, that it was outperforming the benchmark by 2% and every other major index was underperforming the index.

Well, by the end of last week, not even the Industrial index was an outperformer. It was equal to the benchmark’s performance over the same period. At the time of typing this post, there was no major index that was comparatively better than the benchmark. This is a sign of the times.

Our algorithms believe that the stocks that currently provide the best value for money and have the right liquidity and volatility, at this moment, include

The long-term outlook is still cautiously bullish – long-term uptrend with ever-weakening market breadth. The short and medium-term outlooks are still borderline negative while market breadth is neutral.

Please click on this link to download the dashboard for this week’s outlook. Till next week, invest responsibly.

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More