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 »
WEEKLY TRENDSETTER (MAY 13th,2022) 2022 May 6 May 13 Ch % NIFTY 17102 16411 -4.04 BANK NIFTY 36088 34591 -4.15 USD/INR 76.52 76.88 0.47 MARKET REVIEW–The week opened with a gap down and never really recovered as global markets were also not supportive. The market has also been reacting to corporate results. BACK …
WEEKLY TRENDSETTER (MAY 6TH,2022) 2022 April 29 May 6 Ch % NIFTY 17172 17102 -0.41 BANK NIFTY 36044 36088 0.12 USD/INR 76.43 76.52 0.12 MARKET REVIEW–Another week of daily gap ups and gap downs and just when it looked like the week would end in the positive the last hour selling wiped out all …
Despite index volatility broader market offers value! Read More »
WEEKLY TRENDSETTER (APRIL 29th,2022) 2022 April 22 April 29 Ch % NIFTY 17475 17172 -1.73 BANK NIFTY 37463 36044 -3.79 USD/INR 76.16 76.43 0.35 MARKET REVIEW–The week was a harrowing one for both bulls and bears alike but the latter will be more relieved after the closing for the week which clearly signalled that …
WEEKLY TRENDSETTER (APRIL 22nd,2022) 2022 April 15 April 22 Ch % NIFTY 17784 17475 -1.74 BANK NIFTY 37752 37463 -0.77 USD/INR 75.86 76.16 0.40 MARKET REVIEW–The truncated week saw the bulls trimming positions ahead of the long weekend. The IT results began on a subdued note and going into next week that could have …
Nifty seeking support from some sectors !Will pharma lead the same ? Read More »