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 »
WEEKLY TRENDSETTER (AUGUST 23,2024) 2024 AUG 9 AUG 16 Ch % NIFTY 24367 24541 +0.71 BANK NIFTY 50484 50517 +0.07 USD/INR 83.95 83.95 0.00 MARKET REVIEW-The domestic market was distinctly weak to begin with. However, the US markets came to the rescue with strong gains which changed the sentiments and provided ammunition to the …
WEEKLY TRENDSETTER (AUGUST 16,2024) 2024 AUG 2 AUG 9 Ch % NIFTY 24717 24367 -1.42 BANK NIFTY 51350 50484 -1.69 USD/INR 83.75 83.95 +0.24 MARKET REVIEW-The week saw a sharp gap down opening pushing the Nifty below 24000.However, it recovered but still not enough to fill the opening gap. The week was highly volatile …
Both bulls and bears left nursing wounds after a volatile week ! Read More »
WEEKLY TRENDSETTER (AUGUST 9,2024) 2024 JULY 26 AUG 2 Ch % NIFTY 24834 24717 -0.47 BANK NIFTY 51296 51350 +0.11 USD/INR 83.72 83.75 +0.04 MARKET REVIEW-The week did see 25000 on Nifty being conquered but the joy was short-lived as geopolitical tension again resurfaced which resulted in markets tumbling towards close of week. The …
Correction seen in the coming week as 25000 could be near term resistance on Nifty ! Read More »