WEEKLY TRENDSETTER (APRIL 10th ,2021) 2021 MARCH 26 APRIL 1 Ch % NIFTY 14867 14835 -0.21 BANK NIFTY 33858 32448 -4.16 USD/INR 72.61 74.73 2.91 MARKET REVIEW –The flat closing belies the volatility that we saw during the week. The surge in Covid cases unnerved the market to begin with. However, metals, pharma …
WEEKLY TRENDSETTER (APRIL 3rd ,2021) 2021 MARCH 26 APRIL 1 Ch % NIFTY 14507 14867 2.48 BANK NIFTY 33318 33858 1.62 USD/INR 72.61 73.44 1.14 The truncated week had its share of volatility. While, the broader market remained positive, the Bank Nifty was the weak link. However, both indices showed a good comeback and …
WEEKLY TRENDSETTER (MARCH 19TH ,2021) 2021 March12th March19th Ch % NIFTY 15031 14744 -1.91 BANK NIFTY 35497 34161 -3.76 USD/INR 72.71 72.47 -1.13 The week saw some critical levels getting breached on the downside and the weekly expiry on Thursday saw a savage correction followed up by the early part of Friday ‘s …
Nifty touches 14400 as expected !Trust technicals to navigate you! Read More »
WEEKLY TRENDSETTER (MARCH 12TH ,2021) 2021 March5th March12th Ch % NIFTY 14938 15031 0.62 BANK NIFTY 35228 35497 0.76 USD/INR 73.07 72.71 -0.49 The week turned out very similar to the previous 2 weeks in terms of price action. This was the 3rd consecutive week that the last day saw a sharp correction. …
Last 3 weeks witness similar pattern of selling at higher levels ! Read More »
WEEKLY TRENDSETTER (MARCH 5TH ,2021) 2021 Feb 26th March7th Ch % NIFTY 14529 14938 2.81 BANK NIFTY 34803 35228 1.22 USD/INR 73.91 73.07 -0.84 Another volatile week and the close was not as good as it promised to be in the early part of the week.This divergence was again caused by another …
WEEKLY TRENDSETTER (FEBRUARY 27TH ,2021) 2021 Feb 19th Feb 27th Ch % NIFTY 14982 14529 -3.02 BANK NIFTY 35841 34803 -2.89 USD/INR 72.51 73.91 -1.89 The week saw some serious correction in the markets and the closing indicated that the selling pressure could continue.The primary reason for the correction was cited to …
WEEKLY TRENDSETTER (FEBRUARY 20TH ,2021) 2021 Feb 12th Feb 19th Ch % NIFTY 15163 14982 -1.19 BANK NIFTY 36108 35841 -0.73 USD/INR 72.58 72.51 +0.09 The week began in a robust manner and Nifty hit an all-time high of 15431. Towards close however it slipped below 15000 forming what is known as …
WEEKLY TRENDSETTER (FEBRUARY 12TH ,2021) 2021 Feb 5th Feb 12th Ch % NIFTY 14924 15163 1.60 BANK NIFTY 35655 36108 1.27 USD/INR 72.91 72.62 0.39 The week was robust with healthy gains in the indices though the mid-cap and small-cap segments caught attention with several counters posting handsome gains. BIG PLAYERS ACTIVITIES …
New stars emerging in mid cap / small cap space besides revival stories Read More »
WEEKLY TRENDSETTER (FEBRUARY 6TH ,2021) 2021 Jan 29th Feb 5th Ch % NIFTY 13634 14924 9.46 BANK NIFTY 30565 35655 16.65 USD/INR 72.88 72.91 0.04 The week turned out to be a bonanza for the bulls as the markets took off post budget as it turned out to be more positive than expected …
WEEKLY TRENDSETTER (JANUARY 30th ,2021) 2021 22nd Jan 29TH Jan Ch % NIFTY 14372 13634 -5.13 BANK NIFTY 31167 30565 -1.93 USD/INR 72.94 72.98 -0.04 The market saw a healthy correction and Nifty touched 13600 .However, derivative expiry jitters coupled with shaky global markets and the forthcoming Budget uncertainty unnerved bulls and …