STAIRS Weekly Report
26 Oct 2023
Disclaimer & Disclosures
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Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors
Name of the Research Analyst as registered with SEBI | Weekendinvesting Analytics P Ltd |
Registered office address | B- 6/102, SAFDARJUNG ENCLAVE, NEW DELHI South West Delhi, Delhi, 110029 |
Contact Number | 7011702875 |
SEBI Registration No | INH100008717 |
Brand name | WeekendInvesting |
Name, telephone number and Email address of Research Analyst | Name : Alok JainPh no : 7011702875Â Email Address : alok@weekendinvesting.com |
Note : Nifty EXP, Options AIT, Options BUY & Futures models went live on 01 Apr 2022 while Finnifty EXP, STAIRS EXP HR and STAIRS EXP LR went live on 01 Apr 2023. The data prior to that date has been put up as a study material to understand the prior period analysis.
Nifty Weekly Range
After going through a period of extreme volatility, Nifty broke down the all important support level of 19230 which further led to a fall of about 375 points from there. Weak global cues has taken over leading to a strong downtrend in the markets. 18650 seems like the next strong support to watch out for.
Nifty is currently SHORT heading into next expiry.
Performance Update
A strong trending week where Nifty fell almost 4% gave STAIRS the much needed breather amidst a very volatile phase. This trend helped us recover from some drawdowns as well. All models yielded positive results this week with Options BUY topping the chart clocking almost 7% followed by STAIRS EXP HR & Futures model at about 4% each. Increase in VIX also meant better premiums for all the credit spread based models thus resulting in much better risk reward metrics compared to past few weeks. We hope to close out CY 2023 on a high !
We introduced FINNIFTY expiry as well which went LIVE from first week of April'23. You can have a look at the intro video here
General Note : As drawdowns increase, we will witness an aggressive reduction in position sizing in all options models. The recovery may be slow but profit / capital protection is at the core of the strategy. Kindly come in with a mindset to stay invested in the strategies at least for a period of 18 months to be able to make the best out of STAIRS models.
Model Trade Stats
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Performance Charts
Performance Charts
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Performance Charts
Performance Charts
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Performance Charts
Introduction to STAIRS Models
You can have a look at the historical performance charts of all STAIRS models using the link below
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Please send an email to support@weekendinvesting.com if you have any queries regarding the models or subscription
That's all for this week !