WEEKLY TRENDSETTER (NOV 26th,2021) 2021 NOV 19 NOV 26 Ch % NIFTY 17765 17026 -5.14 BANK NIFTY 37976 36025 -4.16 USD/INR 74.24 74.89 0.88 MARKET REVIEW–The week was clearly in bear territory as relentless selling pressure from FIIs followed by a Covid scare outside India created total panic and the Nifty barely managed to …
Correction comes finally …..which even bulls wont mind! Read More »
WEEKLY TRENDSETTER (NOV 19th,2021) 2021 NOV 12 NOV 19 Ch % NIFTY 18103 17765 -1.95 BANK NIFTY 38733 37976 -1.87 USD/INR 74.42 74.24 -0.40 MARKET REVIEW–The market was in no mood to take forward the bullish closing of the previous week and there was relentless selling pressure which not only wiped out the previous …
WEEKLY TRENDSETTER (NOV 12TH,2021) 2021 NOV 5 NOV 12 Ch % NIFTY 17916 18103 +1.04 BANK NIFTY 39573 38733 -2.12 USD/INR 74.54 74.42 -0.16 MARKET REVIEW–The market moves mirrored the previous week’s moves and despite some strong profit-taking mid-week,the Nifty managed to close in the positive for the week despite lack of support from the …
Buy at dip continues as Nifty holds support at 17800! Read More »
WEEKLY TRENDSETTER (NOV 5TH,2021) 2021 OCT 29 NOV 5 Ch % NIFTY 17671 17916 1.39 BANK NIFTY 39115 39573 1.17 USD/INR 74.92 74.54 -0.51 MARKET REVIEW–The start of the week saw a spirited run followed by some volatility and finally a positive close in a truncated week. The broader market continues to be strong as …
New IPO s and listings key to market sentiments! Read More »
WEEKLY TRENDSETTER (OCT 22nd,2021) 2021 OCT 14 OCT 22 Ch % NIFTY 18338 18114 -1.22 BANK NIFTY 39341 40323 +2.50 USD/INR 75.27 74.86 -0.54 MARKET REVIEW–The market showed a clear divergence as the broader market witnessed selling pressure, banking stocks were in the forefront and though the Nifty was down, the Nifty Bank was …
Rich valuations face litmus test in Sept qtr results ! Read More »
WEEKLY TRENDSETTER (OCT 8th,2021) 2021 OCT 1 OCT 8 Ch % NIFTY 17532 17895 +2.07 BANK NIFTY 37225 37775 +1.47 USD/INR 74.18 74.98 +1.08 MARKET REVIEW–The markets recouped losses of the previous week as auto, IT and banks provided the right fillip while the mid-caps and small-caps continued to do well. With results season …
Stock specific action likely while Nifty remains in a band of 17500-17950! Read More »
WEEKLY TRENDSETTER (OCT 2nd ,2021) 2021 SEPT 24 OCT 1 Ch % NIFTY 17853 17853 -1.80 BANK NIFTY 37830 37830 -1.60 USD/INR 73.48 73.48 0.86 MARKET REVIEW–The markets were in a profit-taking mood and closer to levels of 18000 on the Nifty, sellers became active.Global markets were also not supportive for any uptrend. DID YOU …
Volatility on the rise as profit -taking emerges at higher levels! Read More »
WEEKLY TRENDSETTER (SEPT 24TH,2021) 2021 SEPT 17 SEPT 24 Ch % NIFTY 17585 17853 1.52 BANK NIFTY 37812 37830 0.05 USD/INR 73.48 73.48 -0.41 MARKET REVIEW–The markets mirrored global volatility as US markets as well as a default scare from a real estate major in China resulted in nervous sentiments. However, the undertone of the …
WEEKLY TRENDSETTER (SEPT 17th,2021) 2021 SEPT 10 SEPT 17 Ch % NIFTY 17369 17585 1.24 BANK NIFTY 36683 37812 3.08 USD/INR 73.53 73.48 -0.07 MARKET REVIEW–The markets continued with the momentum and Bank Nifty managed to race past 37700 and post a life time high. While most sectors showed positive returns, metals saw some profit-taking. …
Bulls getting dizzy while markets soar ,caution advised! Read More »
WEEKLY TRENDSETTER (SEPT 10th,2021) 2021 SEPT 3 SEPT 10 Ch % NIFTY 17323 17369 0.27 BANK NIFTY 36761 36683 -0.21 USD/INR 73.04 73.53 0.67 MARKET REVIEW –After logging super gains in the 1st week of Sept the market went into a consolidation mode and closed with marginal gains. The Bank Nifty fell shy of …
Market resilience promises levels of 17600 on Nifty! Read More »