WEEKLY TRENDSETTER (July 22nd ,2022) 2022 July 8 July 15 Ch % NIFTY 16220 16049 -1.05 BANK NIFTY 35124 34682 -1.26 USD/INR 79.29 79.85 0.71 MARKET REVIEW–The week was broadly in a range and only a late flourish on Friday arrested some of the losses. The rupee was more in focus as it was …
WEEKLY TRENDSETTER (July 15th,2022) 2022 July 1 July 8 Ch % NIFTY 15752 16220 2.97 BANK NIFTY 33539 35124 4.73 USD/INR 78.9 79.29 0.49 MARKET REVIEW–The week started on a positive note and despite a mid-week scare managed to regain strength aided by some positive news from the crude front which saw a good …
Optimism in the air but some caution advised around 16300 levels on Nifty ! Read More »
WEEKLY TRENDSETTER (July 8th,2022) 2022 June 24 July 1 Ch % NIFTY 15699 15752 0.33 BANK NIFTY 33627 33539 -0.26 USD/INR 78.32 78.9 0.74 MARKET REVIEW–The week was another tug of war between bulls and bears and it closed with honours shared though the closing was with some advantage for the bulls. INTERESTING MUSINGS …
WEEKLY TRENDSETTER (July 1st,2022) 2022 June 17 June 24 Ch % NIFTY 15293 15699 2.65 BANK NIFTY 32743 33627 2.70 USD/INR 78.07 78.32 0.32 MARKET REVIEW–The week was high in volatility with gap down and gap up on every alternate day.However,the closing was on an optimistic note as the market closed at the high point …
WEEKLY TRENDSETTER (June 24th,2022) 2022 June 10 June 17 Ch % NIFTY 16202 15293 -5.61 BANK NIFTY 34483 32743 -5.05 USD/INR 77.85 78.07 0.28 MARKET REVIEW–The week started sharply down and there was not much respite as even modest recoveries were sold into. With the indices closing at 2022 lows, even the broader market …
WEEKLY TRENDSETTER (June 17th,2022) 2022 June 3 June 10 Ch % NIFTY 16584 16202 -2.3 BANK NIFTY 35275 34483 -2.25 USD/INR 77.61 77.85 0.31 MARKET REVIEW–After 3 weeks rally the bulls finally lost steam and with global markets also in a bearish mode the indices are close to critical levels and the coming week …
Bears gleefully waiting for markets to open on Monday !15800 on Nifty looks vulnerable! Read More »
WEEKLY TRENDSETTER (June 10th,2022) 2022 May 27 June 3 Ch % NIFTY 16352 16584 1.42 BANK NIFTY 35613 35275 -0.95 USD/INR 77.59 77.61 0.03 MARKET REVIEW–The mood of the market is circumspect and rallies are getting sold into. The Nifty is slowly losing ground and the coming week could be testing for the bulls …
WEEKLY TRENDSETTER (June 3rd,2022) 2022 May 20 May 27 Ch % NIFTY 16266 16352 0.53 BANK NIFTY 34276 35613 3.90 USD/INR 77.71 77.59 -0.15 MARKET REVIEW–The Nifty managed to hold on to previous week s low and with some spirited short covering from the banking pack, buying at lower levels was evident. BACK …
Bulls attempt a comeback with the bears grinning in the background! Read More »
WEEKLY TRENDSETTER (MAY 27th,2022) 2022 May 20 May 27 Ch % NIFTY 15782 16266 3.49 BANK NIFTY 33121 34276 3.07 USD/INR 77.14 77.71 0.74 MARKET REVIEW–The Indian markets again mirrored the global sentiments and though it closed on a positive note, the overnight positions were always at risk. BACK TO RESULTS (March qtr.) The March …
Market volatility leaves bulls and bears on the edge ! Read More »
WEEKLY TRENDSETTER (MAY 20th,2022) 2022 May 13 May 20 Ch % NIFTY 16411 15782 -3.83 BANK NIFTY 34591 33121 -4.25 USD/INR 76.88 77.14 0.34 MARKET REVIEW–The weak trend continued for the whole week and any recovery attempt was sold into relentlessly. The broader market has also showed sharp losses and the only hope in …
Pull back expected but caution to be exercised ! Read More »