Weekend Musings - Stock Masala

After an euphoric year market looks to end on sombre note !

                                   WEEKLY TRENDSETTER (DEC 27,2024) 2024 DEC 13 DEC 20  Ch % NIFTY 24768 23587 -4.77 BANK NIFTY 53583 50579 -5.61 USD/INR 84.80 85.02 0.26 MARKET REVIEW-The market was on a sell mode right from the beginning of the week. Critical levels were breached with ease as selling pressure mounted. Cues from US did not …

After an euphoric year market looks to end on sombre note ! Read More »

Last day volatility leaves traders on the edge !

                                   WEEKLY TRENDSETTER (DEC 20,2024) 2024 DEC 6 DEC 13  Ch % NIFTY 24678 24768 +0.36 BANK NIFTY 53509 53583 +0.14 USD/INR 84.68 84.80 +0.14 MARKET REVIEW-The market looked heading for a negative close for the week. However, the weekly expiry in BSE had a surprise in store. It played out very similar to the …

Last day volatility leaves traders on the edge ! Read More »

Market could get into consolidation mode before a Nifty dash to 25000!

                                   WEEKLY TRENDSETTER (DEC 13,2024) 2024 NOV 29 DEC 6  Ch % NIFTY 24131 24678 +2.27 BANK NIFTY 52055 53509 +2.79 USD/INR 84.58 84.68 +0.25 MARKET REVIEW-The week turned out to be better than expected. This was largely due to FII mood changing for the better. Some relaxation in circuit filters also brought cheer to …

Market could get into consolidation mode before a Nifty dash to 25000! Read More »

Bulls continue to be on quicksand as higher levels witness selling pressure!

                                   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 »

A “Maha” gap up expected on opening on Monday ! 24000 on Nifty should act as support!

                                   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 »

Market slides while bulls pray for some brakes !

                                   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 »

No respite for markets as higher levels attract heavy selling !

                                   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 »

Pvt sector banks key to recovery in indices !Near term Nifty levels of 24800 could be revisited !

                                   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 …

Pvt sector banks key to recovery in indices !Near term Nifty levels of 24800 could be revisited ! Read More »

Bulls run for cover as selling mounts !Levels of 23500 likely on Nifty!

                                   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 »

Strong pull back past 25500 key to resumption of uptrend!

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 »