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 »
2024 OCT 11 OCT 18 Ch % NIFTY 24964 24854 -0.44 BANK NIFTY 51172 52094 +1.8 USD/INR 84.00 84.07 0.08 MARKET REVIEW-The week was unnerving for most part as despite positive global cues, the domestic market was highly volatile with sharp bouts of selling at higher levels. Though there was recovery towards close of week, …
Strong pull back past 25500 key to resumption of uptrend! Read More »
WEEKLY TRENDSETTER (OCT 18,2024) 2024 OCT 4 OCT 11 Ch % NIFTY 25014 24964 -0.20 BANK NIFTY 51462 51172 -0.56 USD/INR 83.97 84.00 0.04 MARKET REVIEW-The week opened on a weak note followed by a pullback.However there was no follow up on the pullback for better part of the week as the market moved …
Pullback goes sideways as market looks undecided ! Read More »
WEEKLY TRENDSETTER (OCT 11,2024) 2024 SEP 27 OCT 4 Ch % NIFTY 26179 25014 -4.45 BANK NIFTY 53834 51462 -4.41 USD/INR 83.69 83.97 0.33 MARKET REVIEW-The week was expected to be of consolidation. However, it turned out to be of a strong correction. This was triggered partly by geopolitical tension and also due to …
WEEKLY TRENDSETTER (OCT 4,2024) 2024 SEP 20 SEP 27 Ch % NIFTY 25791 26179 1.50 BANK NIFTY 53793 53834 0.08 USD/INR 83.60 83.69 0.11 MARKET REVIEW-The week was very eventful and global cheer from US was followed up by China with a rate cut. The Indian markets saw the indices touching lifetime highs. The …
Rate cut expectation could fuel next round of rally ! Read More »
WEEKLY TRENDSETTER (SEPT 27,2024) 2024 SEP 13 SEP 20 Ch % NIFTY 25356 25791 +1.72 BANK NIFTY 51938 53793 +3.57 USD/INR 83.88 83.60 -0.33 MARKET REVIEW-The week largely belonged to the bulls and this time private banks were in the forefront as Bank Nifty outperformed the Nifty and hit a life time high. The …
WEEKLY TRENDSETTER (SEPT 20,2024) 2024 SEP 6 SEP 13 Ch % NIFTY 24852 25356 +2.03 BANK NIFTY 50577 51938 +2.69 USD/INR 83.99 83.88 +0.06 MARKET REVIEW-The week began on a sedate note. However, the calm underneath was a precursor to something dramatic. On Thurs just 2 hrs before the Nifty derivative expiry, a monstrous rally …
Surgical strike by bulls sends Nifty to all -time high and bears to the cleaners ! Read More »
WEEKLY TRENDSETTER (SEPT 13,2024) 2024 AUG 30 SEP 6 Ch % NIFTY 25235 24852 -1.52 BANK NIFTY 51351 50577 -1.51 USD/INR 83.86 83.83 -0.04 MARKET REVIEW-The week saw momentum falter and by end of week selling pressure emerged which took the index below 25000 wiping out large part of the gains registered in a …
Bears bring bulls on their knees as Nifty breaks down below 25000 ! Read More »
WEEKLY TRENDSETTER (SEPT 6,2024) 2024 AUG 23 AUG 30 Ch % NIFTY 24823 25235 1.71 BANK NIFTY 50933 51351 0.72 USD/INR 83.90 83.86 -0.08 MARKET REVIEW-The week saw gains on all days and Nifty managed to close above 25000 for the week. This was despite muted contribution coming from banking counters. BACK TO RESULT …
Nifty marches on despite Virat and Rohit’s(banking counters)patchy form! Read More »
WEEKLY TRENDSETTER (AUGUST 30,2024) 2024 AUG 16 AUG 23 Ch % NIFTY 24541 24823 +1.10 BANK NIFTY 50517 50933 +0.93 USD/INR 83.95 83.90 -0.02 MARKET REVIEW-The week saw steady gains on all days and finally the closing gave hopes of the 25000 level again getting conquered early next week. Banking counters also looked steady …
Broader market again on a resurgence mode while Nifty looks to go past 25000 again! Read More »