WEEKLY TRENDSETTER (JAN 3,2025) 2024 DEC 20 DEC 27 Ch % NIFTY 23587 23813 0.96 BANK NIFTY 50579 51311 1.45 USD/INR 85.02 85.49 0.55 MARKET REVIEW-The Christmas week saw some recovery but gains were not sustained and the market closed below 24000 again and also below the 200 -dma which has now started to …
The New Year promises to be a contest between primary and secondary markets ! Read More »
WEEKLY TRENDSETTER (DEC 27,2024) 2024 DEC 13 DEC 20 Ch % NIFTY 24768 23587 -4.77 BANK NIFTY 53583 50579 -5.61 USD/INR 84.80 85.02 0.26 MARKET REVIEW-The market was on a sell mode right from the beginning of the week. Critical levels were breached with ease as selling pressure mounted. Cues from US did not …
After an euphoric year market looks to end on sombre note ! Read More »
WEEKLY TRENDSETTER (DEC 20,2024) 2024 DEC 6 DEC 13 Ch % NIFTY 24678 24768 +0.36 BANK NIFTY 53509 53583 +0.14 USD/INR 84.68 84.80 +0.14 MARKET REVIEW-The market looked heading for a negative close for the week. However, the weekly expiry in BSE had a surprise in store. It played out very similar to the …
Last day volatility leaves traders on the edge ! Read More »
WEEKLY TRENDSETTER (DEC 13,2024) 2024 NOV 29 DEC 6 Ch % NIFTY 24131 24678 +2.27 BANK NIFTY 52055 53509 +2.79 USD/INR 84.58 84.68 +0.25 MARKET REVIEW-The week turned out to be better than expected. This was largely due to FII mood changing for the better. Some relaxation in circuit filters also brought cheer to …
Market could get into consolidation mode before a Nifty dash to 25000! Read More »
WEEKLY TRENDSETTER (DEC 6,2024) 2024 NOV 22 NOV 29 Ch % NIFTY 23907 24131 +0.94 BANK NIFTY 51135 52055 +1.80 USD/INR 84.47 84.58 +0.13 MARKET REVIEW-The euphoric opening for the week was short-lived. The undertone continued to be uncertain. Finally, the index closed in the positive above 24000 much to the relief of bulls. …
Bulls continue to be on quicksand as higher levels witness selling pressure! Read More »
WEEKLY TRENDSETTER (NOV 29,2024) 2024 NOV 15 NOV 22 Ch % NIFTY 23532 23907 +1.59 BANK NIFTY 50179 51135 +1.91 USD/INR 84.41 84.47 +0.07 MARKET REVIEW-The week saw swings both ways but lower levels of around 23200 held on. Towards close of week, positive winds of a possible victory by the BJP led front …
A “Maha” gap up expected on opening on Monday ! 24000 on Nifty should act as support! Read More »
WEEKLY TRENDSETTER (NOV 22,2024) 2024 NOV 8 NOV 15 Ch % NIFTY 24148 23532 -2.55 BANK NIFTY 51561 50179 -2.68 USD/INR 84.38 84.41 +0.04 MARKET REVIEW-The week turned out to be a party for bears for all sessions and the Nifty closed just below the 200-dma. Global cues have turned mixed and the coming …
Market slides while bulls pray for some brakes ! Read More »
WEEKLY TRENDSETTER (NOV 15,2024) 2024 NOV 1 NOV 8 Ch % NIFTY 24304 24148 -0.64 BANK NIFTY 51674 51561 -0.22 USD/INR 84.06 84.38 0.23 MARKET REVIEW-The week was hugely volatile as US elections were held and the cues from there were very positive. However, after a one day rally all gains were given up …
No respite for markets as higher levels attract heavy selling ! Read More »
WEEKLY TRENDSETTER (NOV 8,2024) 2024 OCT 25 NOV 1 Ch % NIFTY 24180 24304 +0.51 BANK NIFTY 50787 51674 +1.75 USD/INR 84.08 84.06 +0.13 MARKET REVIEW-The week began on a positive note. However, selling pressure resumed at higher levels. Finally, the indices closed in the positive for the week. Bulls will be relieved after …
WEEKLY TRENDSETTER (NOV 1,2024) 2024 OCT 18 OCT 25 Ch % NIFTY 24854 24180 -2.71 BANK NIFTY 52094 50787 -2.51 USD/INR 84.07 84.08 +0.01 MARKET REVIEW-The week saw relentless selling pressure right from the beginning and all support expectations were blown away and by close Nifty was close to breaching the 24000 level.Poor corporate …
Bulls run for cover as selling mounts !Levels of 23500 likely on Nifty! Read More »