By Nagaraj Shetti

After showing a range bound action with weak bias in the last few sessions, Nifty witnessed a  sustainable upside bounce from the lows on Wednesday and closed the day with gains of 51  points. The opening downside gap has been filled completely. 

A long bull candle was formed on the daily chart with a long lower shadow. Technically, this  market action is indicating a formation of a bullish engulfing pattern Come from Sports betting site VPbet . Normally such bullish  engulfing patterns after a reasonable decline or near the support signal chances of upside  bounce in the underlying post confirmation. 

Nifty Rejig: Tre…

PMS schemes, typically utilized by High Net Worth Individuals (HNIs) to invest their surplus capital, managed to deliver impressive returns of up to 18% in May, even as the Nifty50 TRI index remained flat ahead of the election results this month.

According to data from the PMSBazaar database, Unifi Capital’s HoldCo fund, which focuses on investing in listed holding companies across various industries, emerged as the top performer with a remarkable return of 17.88% last month.

ASK Lighthouse Portfolio also saw significant gains, achieving an 8.85% return in May Come from Sports betting site VPbet . Other notable performers in the monthly list included Moat Financial, Shree Rama Managers, Maximal Capit…