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PB Fintech, the operator of Policybazaar, gained for the fifth consecutive session, rising 10.6 percent on February 24 amid nervousness on Dalal Street for the past few days. It was the biggest gainer in BSE200 index.

Other new-age stocks also climbed, including Paytm, which rose 3 percent.

The Policybazaar and Paisabazaar operator has rallied 18 percent in five days to Rs 576.80, the highest level since August 2022.

The stock formed a large bullish candlestick pattern on the daily charts with above-average volumes, making higher highs and higher lows for the fourth straight session, while the benchmark indices made lower highs and lower lows.

The stock is now above the 200-day EMA (exponential moving average) of Rs 545), which is a positive sign. With this, it trades above all key moving averages.

The stock broke out of a long downward sloping resistance trendline adjoining the highs of November 2021 (record high) and February 13, 2023, supporting the positive sentiment.

Before this rally, there was severe selling pressure on the stock, which fell from its record high of Rs 1,470 (November 17, 2021) to a record low of Rs 356.2 one year later (November 17, 2022). Since then, it has not seen that record low again and formed a strong base around Rs 400-550 levels with a higher high and higher low formation.

“The stock appears to have formed an Inverse Head and Shoulder which is a bullish reversal pattern. The breakout of the neckline was assisted with volumes and the stock has moved beyond its 200-EMA for the first time since it listed,” said Viraj Vyas, a technical analyst at Ashika Stock Broking.

He said such extended base breakouts augur well for the stock as it looks to break the lower low and lower high pattern and test Rs 620-650 on the upside with key support at the Rs 520 level.

Vidnyan Sawant, AVP-technical research at GEPL Capital, said PB Fintech has bottomed out near Rs 355 and bounced back. In the current month, the stock stayed above its five-month high, indicating strong momentum.

“On the weekly charts, the stock broke out of a double-bottom price pattern with volume confirmation. The stock price is consistently sustaining above its 200-day SMA (Rs 503) over the past few days, which shows strong positive undertone of the stock,” Vidnyan said.

The relative strength index (RSI) on the weekly timeframe exhibited a breakout, which reflected the presence of strong momentum.

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Share Market Closing Note

Sensex, Nifty end flat after volatile day; NTPC gains 3%, PSB index dips 2%

Adani Enterprises, Apollo Hospitals, Coal India, Bajaj Auto, UPL, Sun Pharma, Tata Motors, HDFC Life, Ultratech Cement, TCS, and Wipro were the top laggards

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Topic :- Time:3.00 PM

Nifty spot if holds above 17800 on closing basis then expect some upmove in coming sessions and if it closes below above mentioned level then some sluggish movement can be seen in the market. Avoid open short positions for tomorrow.

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Topic :- Time:2.40 PM

LME INVENTORY

COPPER DECREASED BY 275

ALUMINIUM DECREASED BY 4450

NICKEL DECREASED BY 192

ZINC INCREASED BY 1975

LEAD INCREASED BY 175 

TIN INCREASED BY 35

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Topic :- Time:2.00 PM

Nifty is gaining some momentum however Putin speech must be eyed which will begin shortly.

Putin speech will have good impact on Commodities.

Nifty spot if manages to trade and sustain above 17900 level then expect some upmove in it and if it breaks and trade below 17860 level then some decline can be seen in the market.

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Topic :- Time:1.30 PM

GOLD Trading View:

GOLD is trading at 56100. If it breaks and trade below 56070 level then expect it to decline further and above 56160 level it is likely to show some upmove however its in sell from rise at the moment.

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Topic :- Time:1.10 PM

Nifty is highly rangebound. Nifty spot if manages to trade and sustain above 17880 level then expect some upmove and if it breaks and trade below 17840 level then some decline can be seen in the market.

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Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 778. If it holds below 780 level then expect it to test 775-774 levels quite soon and if it manages to trade and sustain above 780 level then some upmove can follow in it.

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Topic :- Time:12.00 PM

Nifty is highly rangebound. Nifty spot if breaks and trade below 17860 level then expect some decline in the market and if it manages to trade and sustain above 17920 level then some upmove can follow in the market.

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Topic :- Time:11.45 AM

Just In:

SpiceJet to consider options for raising fresh capital

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Topic :- Time:11.30 AM

News Wrap Up:

1. Sensex up 200pts, Nifty above 17,900; Adani Ports rise 2%

2. Combined equity market value of 10 Adani Group firms slips below $100 bn

3. India, China to contribute more than half of global growth this year: IMF

4. Vedanta-Foxconn selects Dholera SIR for 1st semiconductor facility in India

5. Tata Motors bags Indias largest electric vehicle fleet order from Uber

6. Adani Ports to prepay Rs 1,000 cr on commercial papers due in March

7. BVR Subrahmanyam new NITI CEO, Param Iyer to join World Bank as ED

8. Adani Power hits fourth 5% upper circuit; No respite for Adani Green

9. Uflex drops 4%, hits 52-wk low on report of Income-Tax raid at Noida office

10. BSE Capital Goods index nears record high; Siemens, L&T gain up to 3%

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Topic :- Time:11.00 AM

After flat opening nifty is still trading flat. Nifty spot if manages to trade and sustain above 17920 level then expect some upmove in the market and if it breaks and trade below 17880 level then some decline can be seen in the Nifty.

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Topic :- Nifty Opening Note

Indian Stock Market Trading View For 21 Feb,2023:

Stock specific action expected in the market. Nifty to turn volatile as the day progresses.

Nifty spot if manages to trade and sustain above 17880 levels then expect some upmove in the market and if it breaks and trade below 17800 level then some decline can follow in the Nifty.

Please note this is just opening view and should not be considered as the view for the whole day.

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Share Market Closing Note

Nifty ends below 18,000, Sensex down 300 pts; realty, metal, IT, banks worst hit.

Except capital goods, all other sectoral indices ended in the red.

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Topic :- Time:3.00 PM

Nifty spot if holds above 17880 level on closing basis then expect some quick upmove in coming sessions and if it closes below above mentioned level then some sluggish movement can follow.

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Topic :- Time:2.30 PM

GOLD Trading View:

GOLD is trading at 55717.If it breaks and trade below 55680 level then expect some decline in it and if it manages to trade and sustain above 55760 level then some upmove can follow in it.

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Topic :- Time:1.10 PM

Just In:

Macfos IPO oversubscribed on day 1, led by retail investor.

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Topic :- Time:1.00 PM

Nifty is declining. Nifty spot if breaks and trade below 17900 level then expect some further decline in the market and if it manages to trade and sustain above 17960 level then some upmove can follow in the Nifty.

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Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 774.50.If it holds below 777 level then expect some decline in it and if it trades above 777 level then some upmove can be seen in it.

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Topic :- Time:12.00 PM

Nifty is highly rangebound. Nifty spot if manages to trade and sustain above 18000 level then expect some upmove and if it breaks and trade below 17940 level then some decline can be seen in it. 

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Topic :- Time:11.30 AM

News Wrap Up:

1. Sensex down 150 pts; PSU Bank, Realty indices slip over 1%

2. Twitter shuts two of three India offices; tells staff to work from home

3. Google layoffs reach Indian shores; company fires 453 employees in India

4. Non-BFSI companies net profits shrink sharply for second quarter

5. Adanis crisis to spark democratic revival in India, says George Soros

6. Centre aims to mop up Rs 75,000 cr from senior citizen savings scheme

7. Indias January gold imports plunge 76% to 32-month low on subdued demand

8. Minda Corp, Pricol surge up to 6% amid stake sale buzz

9. Cement shares in focus; UltraTech, Dalmia Bharat hit 52-week highs

10. Medanta hits highest level since listing; stock surges 13% in 2 days

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Topic :- Nifty Opening Note

Indian Stock Market Trading View For 17 Feb,2023:

Stock specific action expected in the market. Nifty to turn volatile as the day progresses.

Nifty spot if manages to trade and sustain above 18060 levels then expect some upmove in the market and if it breaks and trade below 17980 level then some decline can follow in the Nifty.

Please note this is just opening view and should not be considered as the view for the whole day.

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Share Market Closing Note

Benchmark indices ended on flat note in the volatile session on February 16.

At Close, the Sensex was up 44.42 points or 0.07% at 61319.51, and the Nifty was 20 points or 0.11% at 18,035.80. About 1814 shares have advanced, 1562 shares declined, and 154 shares are unchanged.

ONGC, Tech Mahindra, Apollo Hospitals, Divis Labs and Nestle India among the major gainers on the Nifty, while losers were BPCL, Bajaj Finance, HUL, HDFC Life and M&M.

Among sectors, information technology, metal and Realty up 1 percent each.

The BSE midcap and smallcap added nearly a percent each.

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Topic :- Time:3.15 PM

Just In:

The government has filed an affidavit in a sealed envelope only for Supreme Court judges in response to a suggestion for an expert committee in the Adani-Hindenburg case.

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Topic :- Time:3.00 PM

Nifty spot if holds above 18040 level on closing basis then expect some further upmove in coming days and if it breaks and closes below above mentioned level then some sluggish movement is likely to follow.

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Topic :- Time:2.30 PM

NATURALGAS Trading View:

NG is trading at 209.50. If it breaks and trade below 208.00 level then expect some decline in it and if it manages to trade and sustain above 210.20 level then some upmove can follow in it. NG will face immediate resistance at 215.30. Selling from higher level is recommended as off now.

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Topic :- Time:2.20 PM

Just In:

Tata Capital plans consolidation of arms before hitting D-St

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Topic :- Time:2.00 PM

Nifty is turning volatile now. Nifty spot if manages to trade and sustain above 18100 level then expect some upmove in the market and if it breaks and trade below 18040 level then some decline can follow in the Nifty.

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Topic :- Time:1.30 PM

GOLD Trading View:

GOLD is trading at 56224. If it manages to trade and sustain above 56260 level then expect some quick upmove in it and if it breaks and trade below 56180 level then some decline can follow in the Gold.

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Topic :- Time:1.00 PM

Market is showing stock specific movement. Nifty spot if manages to trade and sustain above 18100 level then expect some quick upmove and if it breaks and trade below 18040 level then some decline can be seen.

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Topic :- Time:12.45 PM

Just In:

Nestle India Q4 PAT rises 66% YoY to ₹628 crore

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Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 771. If it holds above 768 level then expect some quick upmove in it and if it breaks and trade below 768 level then some decline can follow in Copper.

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Topic :- Time:12.00 PM

Nifty is trading in green zone. Nifty spot if manages trade and sustain above 18120 level then expect some upmove in the market and if it breaks and trade below 18080 level then some decline can follow in the market.

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Topic :- Time:11.30 AM

News Wrap Up:

1. Sensex up 350pts, Nifty50 above 18,100; IT, metal stocks shine

2. Borrowing blitz makes Adanis empire even more vulnerable amid worst crisis

3. S&P puts Adani Transmissions ESG rating under review over governance issues

4. Centre slashes windfall tax on crude oil from Rs 5,050/tonne to Rs 4,350

5. Banks may recover close to Rs 15,000 crore from Srei group resolution

6. MSCI delays index weighting changes for two Adani companies to May review

7. Amazon Pay, 31 other payment aggregators get RBI nod to continue operations

8. Surf Excel becomes first Indian home care brand to top $1 bn annual sales

9. InterGlobe Aviation slips 5% after 4% equity changes hands via block deal

10. IT shares in focus; TCS hits 9-mth high; Tech Mahindra surges 11% in 2 days

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Topic :- Nifty Opening Note

Indian Stock Market Trading View For 16 Feb,2023:

Nifty/Banknifty options expiry today. Stock specific action expected in the market.

Nifty spot if manages to trade and sustain above 18080-18100 levels then expect some upmove in the market and if it breaks and trade below 17960 level then some decline can follow in the Nifty.

Please note this is just opening view and should not be considered as the view for the whole day.

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Share Market Closing Not

Benchmark indices ended lower for the second consecutive session on February 13 with the Nifty falling below 17,800 amid volatility.

At close, the Sensex was down 250.86 points or 0.41 percent at 60,431.84, and the Nifty was down 85.60 points or 0.48 percent at 17,770.90.

On the back of mixed global cues, the market started on a flat note but soon bears took the charge and dragged the Nifty to near 17,700 levels. However, final-hour buying helped to erase some intraday losses.

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Topic :- Time:2.45 PM

Just In:

Tata Group set to log record growth: Chandrasekaran

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Topic :- Time:2.00 PM

Nifty spot if manages to trade and sustain above 17800 level then expect some upmove and if it breaks and trade below 17760 level then some more decline can happen.

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Topic :- Time:1.30 PM

SILVER Trading View:

SILVER is trading at 66568.If it manages to trade and sustain above 66600 level then expect some upmove in it and if it breaks and trade below 66480 level then some decline can follow in it.

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Topic :- Time:1.20 PM

Just In:

DBS says not concerned about exposure to Adani group

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Topic :- Time:1.10 PM

Nifty spot if manages to trade and sustain above 17780 level then expect some upmove in the market and if it breaks and trade below 17760 level then some decline can follow. Currently nifty spot is trading at 17770.

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Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 766.50. If it holds below 768 level then expect some fall in it and if it manages to trade and sustain above 768 level then some upmove can follow in it.

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Topic :- Time:12.10 PM

Nifty is declining. Nifty spot if breaks and trade below 17720 level then expect some further decline in the market and if it manages to trade and sustain above 17760 level then some upmove can be seen in the Nifty.

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Topic :- Time:11.30 AM

News Wrap Up:

1. Sensex off days low, down 200pts; Nifty50 below 17,800

2. Sebi to update FM Nirmala Sitharaman on Adani probe this week

3. Hindenburg effect: Adani Group cuts revenue growth target, capex amid rout

4. Vodafone Idea in talks with banks to refinance Rs 3-4k crore loans

5. Glenmark Pharma jumps 5% post December quarter earnings

6. Coforge slides 7% as over 7 million equity shares change hands on bourses

7. Balkrishna Industries tanks over 11% as Q3 profit plunges 68% YoY

8. Oil India hits 8-month high on highest-ever quarterly profit in Q3FY23

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Topic :- Nifty Opening Note

Indian Stock Market Trading View For 13 Feb,2023:

Nifty to turn volatile as the day progresses. Trade as per market direction.

Nifty spot if manages to trade and sustain above 17880 level then expect some upmove in the market and if it breaks and trade below 17800 level then some decline can follow in the Nifty.

Please note this is just opening view and should not be considered as the view for the whole day.

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Russia will cut oil production by 500,000 barrels per day, or around 5% of output, in March, Deputy Prime Minister Alexander Novak said on Friday, after the West slapped price caps on Russian oil and oil products.

The G7, the European Union and Australia agreed to ban the use of Western-supplied maritime insurance, finance and brokering for seaborne Russian oil priced above $60 per barrel from Dec. 5 as part of Western sanctions on Moscow over its actions in Ukraine.

The EU also slapped a ban on purchases of Russian oil products and set price caps from Feb. 5.

"As of today, we are fully selling the entire volume of oil produced, however, as stated earlier, we will not sell oil to those who directly or indirectly adhere to the principles of the 'price cap'," Novak said in a statement.

"In this regard, Russia will voluntarily reduce production by 500,000 barrels per day in March. This will contribute to the restoration of market relations".

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Share Market Closing Note

Sensex rises over 300 pts, Nifty ends above 17,850; IT, pharma, metals top gainers

Market Live Updates: Among the sectors, buying was seen in IT, metals and financial stocks while selling was seen in realty and auto stocks

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Topic :- Time:3.00 PM

Nifty spot if hold above 17860 level on closing basis then expect some further upmove in the market in coming sessions and close below above mentioned level will result in some sluggish movement. Avoid open short positions for tomorrow.

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Topic :- Time:2.55 PM

LME INVENTORY:

COPPER DECREASED BY 1375

ALUMINIUM INCREASED BY 105550

NICKEL DECREASED BY 528

ZINC INCREASED 3825

LEAD UNCHANGED 

TIN DECREASED 15

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Topic :- Time:2.30 PM

SILVER Trading View:

SILVER is trading at 67830.If it manages to trade and sustain above 67900 level then expect some upmove in Silver and if it breaks and trade below 67760 level then some decline can follow in it.

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Topic :- Time:2.00 PM

Nifty is consolidating now. Nifty spot is trading at 17870. Once it cross and sustain above 17880 level then expect some quick upmove in the market and if it breaks and trade below 17840 level then some decline can be seen.

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Topic :- Time:1.50 PM

Just In:

$100-million opportunity: India, the largest producer of millets, exports only 1% of the output.

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Topic :- Time:1.50 PM

Just In:

$100-million opportunity: India, the largest producer of millets, exports only 1% of the output.

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Topic :- Time:1.15 PM

There is no movement in the market right now. Nifty spot if manages to trade and sustain above 17880 level then expect some upmove in the Nifty and if it breaks and trade below 17840 level then some decline can follow in the market.

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Topic :- Time:12.55 PM

Just In:

Paytm merchant payments volume rise by 44% YoY in Jan, no. of loans up by 103%.

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Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 775.50. If it manages to trade and sustain above 776.20 level then expect some upmove in it and if it breaks and trade below 774.50 level then some decline can follow in it.

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Topic :- Time:12.15 PM

Just In:

Muthoot Finances Rs 500-crore NCD issue opens.

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Topic :- Time:12.00 PM

The RBI on Wednesday hiked repo rate, the rate at which it lends short-term funds to banks, by 25 bps.

Nifty spot if manages to trade and sustain above 17900 level then expect some quick upmove in the market and if it breaks and trade below 17840 level then some decline can follow in the market.

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Topic :- Time:11.30 AM

News Wrap Up:

1. Sensex up 400pts; Paytm, Zomato zoom up to 6%, IT, metals firm

2. RBI Monetary Policy: Repo rate hiked by 25 bps, GDP forecast now at 7%

3. Turmoil in Adanis empire prompts Nomura, SMFG to disclose fund exposures

4. Vivad se Vishwas-II: Govt aims to settle 500 cases involving about Rs 1 trn

5. Centre now largest Vodafone Idea shareholder as firm gives it 33.4% stake

6. Indian startups fired 6,000 employees in Q3, says report

7. Polaris Smart Metering raises $100 mn in funding from I Squared Capital

8. Sebi to put onus of detecting price rigging, insider trading on brokers

9. Cement shares rally on hopes of GST cut; UltraTech, Ambuja gain 3%

10. Demat additions in Jan hit six-month high to take total past 110 mn

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 Share Market Closing Note

Sensex falls 200 points, Nifty above 17,700; autos, metals, FMCG top drags.

Most sectors ended in the red with minor gains in capital goods and realty sectors

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Topic :- Time:3.20 PM

Just In:

Sebi returns Go Digit General Insurance IPO papers.

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Topic :- Time:3.00 PM

Nifty spot if closes above 17720 level then expect some further upmove in coming sessions and if it closes below above mentioned level then some sluggish movement can follow in the market. Avoid open positions for tomorrow as RBI policy announcement is due.

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Topic :- Time:2.30 PM

ZINC Trading View:

ZINC is trading at 276.If it manages to trade and sustain above 276.40 level then expect some further upmove in it and if it breaks and trade below 274.50 level which is current support only then it is likely to show some decline.

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Topic :- Time:2.00 PM

Nifty spot is trading at 17712. If it manages to trade and sustain above 17740 level then expect some quick upmove in the market and if it breaks and trade below 17700 level then some decline can follow in the Nity.

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Topic :- Time:1.50 PM

Just In:

Adani Ports net profit down by 16% at ₹1,315.54 crore

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Topic :- Time:1.00 PM

Nifty is turning volatile now. Nifty spot if manages to trade and sustain above 17680 level then expect some upmove in the market and if it breaks and trade below 17640 level then some decline can follow in the Nifty.

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Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 773.If it manages to trade and sustain above 774.20 level then expect some upmove in it and if it breaks and trade below 771.80 level then some decline can be seen in it.

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Topic :- Time:12.00 PM

Nifty is trading in red zone however recovery cant be ruled out. Nifty spot if manages to trade and sustain above 17740 level then expect some quick gains in the market and if it breaks and trade below 17720 level then some decline can be seen. As off now buy from dips should be the intraday strategy in nifty.

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Topic :- Time:11.30 AM

News Wrap Up:

1. Sensex at days low, down 100pts; FMCG index slips 1%

2. Vodafone Idea plans to get back in the game but fundraising a challenge

3. Rescuers scramble in Turkey, Syria after massive earthquake kills 4,000

4. Novatek in talks with Indian firms on LNG, may consider payment in rupees

5. Paytm hits over 3-mth high; surges 28% in 2 days on improved Q3 performance

6. Adani Transmission, Adani Wilmar, NDTV snap 8-day losing streak, surge 5%

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Topic :- Stocks under F&O ban on NSE

1. ADANIPORTS

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Topic :- Results on February 7

Bharti Airtel, Hero MotoCorp, Ambuja Cements, Adani Ports and Special Economic Zone, Adani Green Energy, NDTV, Aditya Birla Fashion and Retail, Astral, Barbeque-Nation Hospitality, Bharat Dynamics, Computer Age Management Services, Deepak Nitrite, Gujarat Fluorochemicals, GSK Pharma, Kalyan Jewellers India, Motherson Sumi Wiring India, Navin Fluorine International, NHPC, Phoenix Mills, Ramco Cements, Rashtriya Chemicals & Fertilizers, Sobha, Thermax, and Wonderla Holidays will be in focus on January 7 ahead of quarterly earnings.

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Topic :- Nifty Opening Note

Indian Stock Market Trading View For 07 Feb,2023:

Nifty to turn volatile as the day progresses. Trade as per market direction.

Nifty spot if manages to trade and sustain above 17820 level then expect some upmove in the market and if it breaks and trade below 17700 level then some decline can follow in the Nifty.

Please note this is just opening view and should not be considered as the view for the whole day.

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The daily turnover of the Global Forex market if taken together estimates at about 3 trillion US$. With this huge turnover the Global Forex market is bigger than any stock market of the world. There was a time when Forex trading was considered the forte of the financial institutions and corporate banks but of late it has become popular even with the retail investors. There are so many factors that have made Forex investment a preferred investment medium for the retail investors. The higher leverage, higher profit potential, round the clock trading hours – all these factors have been instrumental in making Forex trading so wide popular all over the world. As an investor if you want to get maximum profit from your investment at the Forex market, you need to have a comprehensive idea about the functioning of the Forex market. Here we are providing some insight into the world of Forex trading that you need to know as a Forex trader.

How to read the Forex quotes?

There are so many currencies that are traded at the Forex market but there are only seven currencies that are most widely traded all over the world and these currencies are USD, EUR, GBP, AUD, CAD, JPY and CHF. At the Forex market currencies are traded as a pair and the Forex quote is presented in the form of spread. That means your Forex broker offers you the price for buying and selling a currency pair. As a trader if you accept the quoted price the trade is executed at the Forex market by the broker. In the Forex quoted the symbols of the two currencies are presented along with the bid price and the ask price for the currency pairs.

How currencies are traded at the Forex Market?

Each currency pair has two different currencies. Among these two currencies one currency is called the base currency and the other is called the price currency. Generally as a trader you have to invest in the base currency and the value of the base currency will be calculated in relation with the price currency. For example if you are trading on EURUSD currency pair where the EUR is the base currency and the USD is the price currency. You will be investing for specific volume of EUR, let us say 1000 EUR. While buying you have to pay for the price of the 1000 EUR in your currency and the price will be calculated in the USD. When you will be closing the deal the valuation of 1000 EUR in USD will be the price. If the value of EUR increases in respect to USD you get the profit and if the value of the base currency decreases in relation to the price currency you will incur loss in the trade. This is the most fundamental and basic form of Forex trading and there are of course for many parameters and factors that come into play during Forex trading.

How to trade in the Forex market?

Once you accept the quote offered by your Forex broker, the trade is executed by the broker. This lets you trade at the Forex market without attending the trading floor of the Forex market. It makes it also possible to trade at the real time. In fact the online trading systems that are provided by the Forex brokers lets you keep watch on the live and streaming quotes of the currency pairs and then pick up the trades for investment. Moreover you need not have to pay for any transaction fee or brokerage for trading in the Forex market.

Ideal Forex trading strategy – Forex trading is done mostly as margin trading and in Forex trading you will get high leverage. That means with little deposits you can invest in huge valuation of currency pairs. This high leverage lets you trade in the Forex market for greater profits while investing comparatively small amount of money. In fact for some currency pairs that are most widely traded, some brokers offer a leverage of 100 times. That means with deposit of US$ 1000 you can trade for US$ 100,000. This is what makes it possible to earn a fortune at the Forex market. But you need to determine the optimum level of leverage that you can enjoy so that you gain most but loose as little as possible when the market swings.

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