WEEKLY TRENDSETTER (DEC 6,2024) 2024 NOV 22 NOV 29 Ch % NIFTY 23907 24131 +0.94 BANK NIFTY 51135 52055 +1.80 USD/INR 84.47 84.58 +0.13 MARKET REVIEW-The euphoric opening for the week was short-lived. The undertone continued to be uncertain. Finally, the index closed in the positive above 24000 much to the relief of bulls. …
Bulls continue to be on quicksand as higher levels witness selling pressure! Read More »
WEEKLY TRENDSETTER (NOV 29,2024) 2024 NOV 15 NOV 22 Ch % NIFTY 23532 23907 +1.59 BANK NIFTY 50179 51135 +1.91 USD/INR 84.41 84.47 +0.07 MARKET REVIEW-The week saw swings both ways but lower levels of around 23200 held on. Towards close of week, positive winds of a possible victory by the BJP led front …
A “Maha” gap up expected on opening on Monday ! 24000 on Nifty should act as support! Read More »
WEEKLY TRENDSETTER (NOV 22,2024) 2024 NOV 8 NOV 15 Ch % NIFTY 24148 23532 -2.55 BANK NIFTY 51561 50179 -2.68 USD/INR 84.38 84.41 +0.04 MARKET REVIEW-The week turned out to be a party for bears for all sessions and the Nifty closed just below the 200-dma. Global cues have turned mixed and the coming …
Market slides while bulls pray for some brakes ! Read More »
WEEKLY TRENDSETTER (NOV 15,2024) 2024 NOV 1 NOV 8 Ch % NIFTY 24304 24148 -0.64 BANK NIFTY 51674 51561 -0.22 USD/INR 84.06 84.38 0.23 MARKET REVIEW-The week was hugely volatile as US elections were held and the cues from there were very positive. However, after a one day rally all gains were given up …
No respite for markets as higher levels attract heavy selling ! Read More »
WEEKLY TRENDSETTER (NOV 8,2024) 2024 OCT 25 NOV 1 Ch % NIFTY 24180 24304 +0.51 BANK NIFTY 50787 51674 +1.75 USD/INR 84.08 84.06 +0.13 MARKET REVIEW-The week began on a positive note. However, selling pressure resumed at higher levels. Finally, the indices closed in the positive for the week. Bulls will be relieved after …
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 »