WEEKLY TRENDSETTER (MARCH 8,2024) 2024 FEB 23 MAR 2 Ch % NIFTY 22212 22378 0.75 BANK NIFTY 46811 47297 1.04 USD/INR 82.93 82.83 -0.12 MARKET REVIEW-The week was highly volatile and it looked like closing below 21500 was possible. However, buying in heavyweights like HDFC Bank, ICICI Bank and Reliance ensured that the index …
Bears scurry for cover as heavyweights come to rescue! Read More »
WEEKLY TRENDSETTER (MARCH 1,2024) 2024 FEB 16 FEB 23 Ch % NIFTY 22040 22212 0.78 BANK NIFTY 46385 46811 0.92 USD/INR 83.01 82.93 -0.10 MARKET REVIEW-The week again played out the underlying strength of the market as dips were bought into and sector rotation was in action. The Nifty is steadily conquering higher levels …
WEEKLY TRENDSETTER (FEB 16,2024) 2024 FEB 2 FEB 9 Ch % NIFTY 21854 21782 -0.33 BANK NIFTY 45971 45634 -0.73 USD/INR 82.92 83.04 0.14 MARKET REVIEW-The week made a tepid start and levels of 22000 proved difficult to sustain. Towards close of week, it shed further ground and selling was broad based and even …
Bulls on profit protection mode as sharp gains giving up ! Read More »
WEEKLY TRENDSETTER (FEB 9,2024) 2024 JAN 25 FEB 2 Ch % NIFTY 21352 21854 2.35 BANK NIFTY 44866 45971 2.46 USD/INR 83.11 82.92 -0.23 MARKET REVIEW-The week started on a strong footing on the back of positive global cues and the beginning of a fresh series. The momentum led by heavyweights like Reliance, Tata …
WEEKLY TRENDSETTER (FEB 2,2024) 2024 JAN 20 JAN 25 Ch % NIFTY 21571 21352 -1.02 BANK NIFTY 46058 44866 -2.59 USD/INR 83.11 83.11 0.00 MARKET REVIEW-It was another week of profit taking and the Bank Nifty on the way down touched the 200-dma which now becomes a critical support. HDFC Bank again played spoilsport …
Will Nifty break past 21750 ?Budget could provide the answer!Exciting week ahead! Read More »
WEEKLY TRENDSETTER (JAN 26,2024) 2024 JAN 12 JAN 20 Ch % NIFTY 21894 21571 -1.48 BANK NIFTY 47709 46058 -3.46 USD/INR 82.92 83.11 0.23 MARKET REVIEW-The week saw a decent correction after a gap down opening mid-week post HDFC Bank results, which dragged the indices down. The Bank Nifty was a bigger casuality with a …
3-day week,long weekend ahead and monthly expiry could make a heady cocktail ! Read More »
WEEKLY TRENDSETTER (JAN 19,2024) 2024 JAN 5 JAN 12 Ch % NIFTY 21711 21894 +0.84 BANK NIFTY 48159 47709 -0.93 USD/INR 83.16 82.92 -0.29 MARKET REVIEW-The week looked heading for a subdued close. However, IT results totally changed sentiments as value buying in the heavyweights powered the index to an all -time high close. …
IT pack comeback enables Nifty to close at all-time high! Read More »
WEEKLY TRENDSETTER (JAN 12,2024) 2024 DEC 29 JAN 5 Ch % NIFTY 21731 21711 -0.09 BANK NIFTY 48292 48159 -0.28 USD/INR 83.19 83.16 -0.04 MARKET REVIEW-The first week of the New Year might look to have been flat but there was intraday volatility on almost all days. The Bank Nifty infact swung 1000 points …
Phew !Bulls fall short narrowly in a volatile week ! Read More »
WEEKLY TRENDSETTER (JAN 5,2024) 2023 DEC 22 DEC 29 Ch % NIFTY 21349 21731 +1.79 BANK NIFTY 47491 48292 +1.69 USD/INR 83.17 83.19 +0.02 MARKET REVIEW-The week ended with good gains and for the month Nifty gained 7.9% and Bank Nifty gained 8.5% . The gap up provided in the beginning of the month …
The market consensus seems to hint at some profit -taking ! Read More »
WEEKLY TRENDSETTER (DEC 22nd,2023) 2023 DEC 8 DEC 15 Ch % NIFTY 20969 21456 2.32 BANK NIFTY 47262 48143 1.86 USD/INR 83.38 83.03 -0.42 MARKET REVIEW-It was another week of action led by the bulls as large caps led from the front and it was also on the back of cheers from the US …
Market “bulldozed ” to new highs as FII s join the party! Read More »