Quantitative Researcher, MRM Research

Nico Rosti

Quantitative Researcher

MRM Research

Quantitative Research

Equity Derivatives

The NIFTY 50 index is National Stock Exchange of India's benchmark stock market index for Indian equity market. Nifty is owned and managed by India Index Services and Products (IISL), which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited.

<ul>
<li>The <a href="https://www.smartkarma.com/entities/nifty-index" target="_blank" data-smartkarma-citation="entities:23617:1" rel="noopener">NIFTY Index</a> had rallied quite hard the week before last week, then stalled last week, however its looks like maybe is changing in its trend structure, maybe a breakout...</li>
<li>However the breakout may have to wait a bit more, as the NIFTY is overbought WEEKLY according to our model: before the uptrend resumes, there will be a pullback.</li>
<li>Last: as written by <a href="https://www.smartkarma.com/companies/acegama-advisors" target="_blank" data-smartkarma-citation="companies:30807" rel="noopener">AceGama Advisors</a> the WEEKLY options expiry will be moved from Thursday to Monday, starting in April 2025, impacting the market. Read their insight for detailed analysis.</li>
</ul>


The NIFTY Index had rallied quite hard the week before last week, then stalled last week, however its looks like maybe is changing in its trend structure, maybe a breakout...
However the breakout may have to wait a bit more, as the NIFTY is overbought WEEKLY according to our model: before the uptrend resumes, there will be a pullback.
Last: as written by AceGama Advisors the WEEKLY options expiry will be moved from Thursday to Monday, starting in April 2025, impacting the market. Read their insight for detailed analysis.


NIFTY Outlook: Possible Breakout as Options Expiry Moves to Monday

The Hang Seng Index is a free-float capitalization-weighted index of a selection of companies from the Stock Exchange of Hong Kong. The components of the index are divided into four subindices: Commerce and Industry, Finance, Utilities, and Properties. The index was developed with a base level of 100 as of July 31, 1964.

<ul>
<li>As reported by <a href="https://www.smartkarma.com/profiles/travis-lundy" target="_blank" data-smartkarma-citation="accounts:25" rel="noopener">Travis Lundy</a> , the <a href="https://www.smartkarma.com/entities/hong-kong-hang-seng-index" target="_blank" data-smartkarma-citation="entities:22899:1" rel="noopener">Hang Seng Index (HSI INDEX)</a> Committee changed the way float is calculated for Secondary Listings in Hang Seng indices.</li>
<li>
This action is expected to add US$2.7bn of buying to some names- read Travis Lundy's insight for more details on this.</li>
<li>The <a href="https://www.smartkarma.com/entities/hong-kong-hang-seng-index" target="_blank" data-smartkarma-citation="entities:22899:1" rel="noopener">HSI INDEX</a> is currently down 3 weeks, and quite OVERSOLD, buying the dip, at this point makes a lot of sense.
</li>
</ul>


As reported by Travis Lundy , the Hang Seng Index (HSI INDEX) Committee  changed the way float is calculated for Secondary Listings in Hang Seng indices.

This action is expected to add US$2.7bn of buying to some names- read Travis Lundy's insight for more details on this.
The HSI INDEX is currently down 3 weeks, and quite OVERSOLD, buying the dip, at this point makes a lot of sense.



Hang Seng Index FAF Calculation Change: Buy The Dip!

Gold is a chemical element with the symbol Au (from Latin: aurum) and the atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).

<ul>
<li>
<a href="https://www.smartkarma.com/entities/gold" target="_blank" data-smartkarma-citation="entities:22870:1" rel="noopener">Gold (GOLD COMDTY)</a> has been rallying up without stop for the past 13 weeks (only pause was a 1 week pullback at the end of February).</li>
<li>The commodity looks overbought WEEKLY according to our tactical model, there is a chance that it will pullback this week or the next (although it could rally for longer...).</li>
<li>Several players are buying <a href="https://www.smartkarma.com/entities/gold" target="_blank" data-smartkarma-citation="entities:22870:1" rel="noopener">Gold (GOLD COMDTY)</a> and we do not see any sharp pullback on the horizon, obviously, any pullback is a BUY opportunity. We'll discuss where to buy.</li>
</ul>



Gold (GOLD COMDTY) has been rallying up without stop for the past 13 weeks (only pause was a 1 week pullback at the end of February).
The commodity looks overbought WEEKLY according to our tactical model, there is a chance that it will pullback this week or the next (although it could rally for longer...).
Several players are buying Gold (GOLD COMDTY) and we do not see any sharp pullback on the horizon, obviously, any pullback is a BUY opportunity. We'll discuss where to buy.


Gold's Tactical Outlook and Profit Targets: Currently Peaking, But Pullback Is a Buy Opportunity

BYD Company Limited, through its subsidiaries, manufactures and sells automobiles. The Company also researches, develops, manufactures and sells batteries, which are applied on mobile phones, cordless phones, power tools and other kinds of portable electronic devices.

<ul>
<li>
<a href="https://www.smartkarma.com/entities/byd-co-ltd-h" target="_blank" data-smartkarma-citation="entities:20962:1" rel="noopener">BYD (1211 HK)</a> posted a record 2024 net profit of 40.25B yuan ($5.55B) as revenue surged 29% to 777B yuan ($107.2B), beating analyst forecasts of $5.47B and $105.6B. </li>
<li>Notably, BYD's revenue topped Tesla's $97.7B reported on Jan. 30. The Chinese automaker is now among the biggest in the world.   </li>
<li>On March 4, our <a href="https://www.smartkarma.com/insights/byd-1211-hk-placement-tactical-buy-opportunity-in-key-support-zone" target="_blank" rel="noopener">BYD's insight</a>correctly suggested to BUY the stock below 340 (now trading above 400). This insight will try to determine profit targets for the current rally.</li>
</ul>



BYD (1211 HK) posted a record 2024 net profit of 40.25B yuan ($5.55B) as revenue surged 29% to 777B yuan ($107.2B), beating analyst forecasts of $5.47B and $105.6B. 
Notably, BYD's revenue topped Tesla's $97.7B reported on Jan. 30. The Chinese automaker is now among the biggest in the world.   
On March 4, our BYD's insightcorrectly suggested to BUY the stock below 340 (now trading above 400). This insight will try to determine profit targets for the current rally.


BYD (1211 HK) Profit Targets After Record-Breaking Earnings

The Nikkei-225 Stock Average is a price-weighted average of 225 top-rated Japanese companies listed in the First Section of the Tokyo Stock Exchange. The Nikkei Stock Average was first published on May 16, 1949, where the average price was ¥176.21 with a divisor of 225. 

<ul>
<li>The <a href="https://www.smartkarma.com/entities/nikkei-225" target="_blank" data-smartkarma-citation="entities:22909:1" rel="noopener">Nikkei 225 (NKY INDEX)</a> has been in a paralyzed trend since August 2024. Then at the end of February 2025 it started to correct.</li>
<li>As explained by <a href="https://www.smartkarma.com/profiles/travis-lundy" target="_blank" data-smartkarma-citation="accounts:25" rel="noopener">Travis Lundy</a> and <a href="https://www.smartkarma.com/profiles/brian-freitas" target="_blank" data-smartkarma-citation="accounts:4091" rel="noopener">Brian Freitas</a> the index rebalance on March 5th, 2025 was a bit unexpected and minimal in terms of changes.</li>
<li>The index bottomed 1 week after the March 2025 Nikkei 225 Average Review, and then started a rally, quite modest for now which could be signaling short-term tactical weakness.</li>
</ul>


The Nikkei 225 (NKY INDEX) has been in a paralyzed trend since August 2024. Then at the end of February 2025 it started to correct.
As explained by Travis Lundy and Brian Freitas the index rebalance on March 5th, 2025 was a bit unexpected and minimal in terms of changes.
The index bottomed 1 week after the March 2025 Nikkei 225 Average Review, and then started a rally, quite modest for now which could be signaling short-term tactical weakness.


Nikkei 225 Outlook After the Mar25 Rebalance

MRM Research
Quantitative Research

NIFTY Outlook: Possible Breakout as Options Expiry Moves to Monday

The NIFTY is showing a potential breakout, possibly the start of an uptrend, but it is OVERBOUGHT: expect a pullback before a rally. Weekly...

Nico Rosti

Hang Seng Index FAF Calculation Change: Buy The Dip!

The Hang Seng Index Committee changed the float calculation for Secondary Listings, roughly US$2.7bn of buying in total. The HSI is currently...

Nico Rosti

Gold's Tactical Outlook and Profit Targets: Currently Peaking, But Pullback Is a Buy Opportunity

GOLD has been rallying relentless, but it may be (temporarily) peaking, according to our Gold quantitative tactical model. We see pullbacks to the...

Nico Rosti

BYD (1211 HK) Profit Targets After Record-Breaking Earnings

BYD (1211 HK) posted record profits outperforming Tesla in revenue, solidifying its position as a global automotive giant. This insight discusses...

Nico Rosti

Nikkei 225 Outlook After the Mar25 Rebalance

The March 25 Index rebalance is approaching, the index appears oversold according to our models, this insight is quite timely in predicting a...

Nico Rosti

NIFTY Outlook: Possible Breakout as Options Expiry Moves to Monday

The ​NIFTY is showing a potential breakout, possibly the start of an uptrend, but it is OVERBOUGHT: expect a pullback before a rally. Weekly...

Nico Rosti

Hang Seng Index FAF Calculation Change: Buy The Dip!

​The Hang Seng Index Committee changed the float calculation for Secondary Listings, roughly US$2.7bn of buying in total. The HSI is currently...

Nico Rosti

Gold's Tactical Outlook and Profit Targets: Currently Peaking, But Pullback Is a Buy Opportunity

​GOLD has been rallying relentless, but it may be (temporarily) peaking, according to our Gold quantitative tactical model. We see pullbacks to the...

Nico Rosti

BYD (1211 HK) Profit Targets After Record-Breaking Earnings

​BYD (1211 HK) posted record profits outperforming Tesla in revenue, solidifying its position as a global automotive giant. This insight discusses...

Nico Rosti

Nikkei 225 Outlook After the Mar25 Rebalance

The March 25 Index rebalance is approaching, the index appears oversold according to our models, this insight is quite timely in predicting a...

Nico Rosti

The NIFTY is showing a potential breakout, possibly the start of an uptrend, but it is OVERBOUGHT: expect a pullback before a rally. Weekly...

The Hang Seng Index Committee changed the float calculation for Secondary Listings, roughly US$2.7bn of buying in total. The HSI is currently...

GOLD has been rallying relentless, but it may be (temporarily) peaking, according to our Gold quantitative tactical model. We see pullbacks to the...

BYD (1211 HK) posted record profits outperforming Tesla in revenue, solidifying its position as a global automotive giant. This insight discusses...