WEEKLY TRENDSETTER (JUNE 4TH ,2021) 2021 MAY 29 JUNE 4 Ch % NIFTY 15435 15670 1.52 BANK NIFTY 35141 35291 0.43 USD/INR 72.49 73 0.70 MARKET REVIEW –A week of consolidation for both indices and towards the close of week banking stocks saw profit-taking after the smart gains registered in the past couple of weeks. …
WEEKLY TRENDSETTER (MAY 29th ,2021) 2021 MAY 21 MAY 29 Ch % NIFTY 15175 15435 1.71 BANK NIFTY 34606 35141 1.54 USD/INR 72.80 72.49 -0.42 MARKET REVIEW –All days of the week closed with positive gains and the Nifty also touched the all -time high mark. Sector rotation was at best as IT and …
Bulls reclaim 15430 on Nifty!Bank Nifty on catching up mode ! Read More »
WEEKLY TRENDSETTER (MAY 22nd ,2021) 2021 MAY 14 MAY 21 Ch % NIFTY 14678 15175 3.38 BANK NIFTY 32169 34606 7.57 USD/INR 73.28 72.80 -0.65 MARKET REVIEW –The week started on the front foot from the word go on Monday and after some profit-taking in the middle of the week closed with a …
WEEKLY TRENDSETTER (MAY 15TH ,2021) 2021 MAY 7 MAY 14 Ch % NIFTY 14823 14678 -0.97 BANK NIFTY 32904 32169 -2.23 USD/INR 73.45 73.28 -0.23 MARKET REVIEW –The week started on a positive note but saw some profit-taking when Nifty went past 14900 and again took support around 14600. While the Nifty has …
Narrow band in Nifty !VIX on the rise !Profit -taking could increase in the coming days! Read More »
WEEKLY TRENDSETTER (MAY 8TH ,2021) 2021 APRIL 30 MAY 7 Ch % NIFTY 14631 14823 1.31 BANK NIFTY 32782 32904 0.37 USD/INR 74.06 73.45 -0.82 MARKET REVIEW –The week started on a negative note but saw some good recovery and managed to close at the higher end of the band. While the Nifty …
Market spirits on a high while 14900 approaches! Read More »
WEEKLY TRENDSETTER (MAY 1ST ,2021) 2021 APRIL 23 APRIL 30 Ch % NIFTY 14341 14631 2.02 BANK NIFTY 31722 32782 3.34 USD/INR 75.04 74.06 -1.3 MARKET REVIEW –The week started on a positive note and for 3 days the market saw a sharp short covering rally and Nifty even nudged past 15000! However, …
WEEKLY TRENDSETTER (APRIL 24th ,2021) 2021 APRIL 16 APRIL 23 Ch % NIFTY 14618 14341 -1.89 BANK NIFTY 31977 31722 -0.79 USD/INR 74.43 75.04 0.82 MARKET REVIEW –The week started on a sell -off mode for the 3rd week running on worsening Covid situation. However, some recovery ensured that the Nifty closed above …
Derivative expiry here !Support levels face acid test! Read More »
WEEKLY TRENDSETTER (APRIL 17th ,2021) 2021 APRIL 9 APRIL 16 Ch % NIFTY 14835 14618 -1.46 BANK NIFTY 32448 31977 -1.45 USD/INR 74.73 74.43 -0.40 MARKET REVIEW –The week started on a sell -off mode with the Nifty sliding to 14248 before the recovery which erased some of the losses. The Bank Nifty likewise …
NIFTY LEVELS OF 14250 COULD BE TESTED AGAIN .13600-700 LOOMING LARGE Read More »
WEEKLY TRENDSETTER (APRIL 10th ,2021) 2021 MARCH 26 APRIL 1 Ch % NIFTY 14867 14835 -0.21 BANK NIFTY 33858 32448 -4.16 USD/INR 72.61 74.73 2.91 MARKET REVIEW –The flat closing belies the volatility that we saw during the week. The surge in Covid cases unnerved the market to begin with. However, metals, pharma …
WEEKLY TRENDSETTER (APRIL 3rd ,2021) 2021 MARCH 26 APRIL 1 Ch % NIFTY 14507 14867 2.48 BANK NIFTY 33318 33858 1.62 USD/INR 72.61 73.44 1.14 The truncated week had its share of volatility. While, the broader market remained positive, the Bank Nifty was the weak link. However, both indices showed a good comeback and …