WEEKLY TRENDSETTER (DEC 24th,2021) 2021 DEC 17 DEC 24 Ch % NIFTY 16985 17004 0.11 BANK NIFTY 35618 34857 -2.14 USD/INR 76.00 75.00 -1.32 MARKET REVIEW–Another week of volatile trading which however saw good recovery after Nifty touched a low of 16410 on Monday.IT was the backbone of the recovery and though the FII …
Nifty closes higher for 6 consecutive years(2016-21) !Will the 7th year oblige ? Read More »
WEEKLY TRENDSETTER (DEC 17th,2021) 2021 DEC 10 DEC 17 Ch % NIFTY 17511 16985 -3.0 BANK NIFTY 37105 35618 -4.01 USD/INR 75.70 76.00 0.4 MARKET REVIEW–Last week the indications were clear that hedging at 17700-800 Nifty levels would be advisable. However, the market turned from 17650 itself and by close had breached 17000 level …
Correction in markets could turn sharper !Caution advised ! Read More »
WEEKLY TRENDSETTER (DEC 10th,2021) 2021 DEC 3 DEC 10 Ch % NIFTY 17197 17511 +2.51 BANK NIFTY 36197 37105 +1.83 USD/INR 75.12 75.70 0.77 MARKET REVIEW–Another volatile week which finally closed with gains. The FII s relentless selling pressure continued though there were pockets of strength like power and capital goods. The market is …
WEEKLY TRENDSETTER (DEC 3RD,2021) 2021 NOV 26 DEC 3 Ch % NIFTY 17026 17197 +1.00 BANK NIFTY 36025 36197 +0.48 USD/INR 74.89 75.12 +0.31 MARKET REVIEW–The week was hugely volatile and finally closed with gains.FII s relentless selling pressure continued and though there were pockets of strength,the large caps were selling off at any …
Nifty likely to turn slippery for bulls above 17300-400 Read More »
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 »