Weekend Musings - Page 19 of 20 - Stock Masala

Nifty touches 14400 as expected !Trust technicals to navigate you!

                                      WEEKLY TRENDSETTER  (MARCH 19TH  ,2021) 2021 March12th March19th     Ch % NIFTY 15031 14744 -1.91 BANK NIFTY 35497 34161 -3.76 USD/INR 72.71 72.47 -1.13 The week saw some critical levels getting breached on the downside and the weekly expiry on Thursday saw a savage correction followed up by the early part of Friday ‘s …

Nifty touches 14400 as expected !Trust technicals to navigate you! Read More »

Last 3 weeks witness similar pattern of selling at higher levels !

                                      WEEKLY TRENDSETTER  (MARCH 12TH  ,2021) 2021 March5th March12th     Ch % NIFTY 14938 15031 0.62 BANK NIFTY 35228 35497 0.76 USD/INR 73.07 72.71 -0.49 The week turned out very similar to the previous 2 weeks in terms of price action. This was the 3rd consecutive week that the last day saw a sharp correction. …

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Lighten long positions at higher levels !

                                      WEEKLY TRENDSETTER  (MARCH 5TH  ,2021) 2021 Feb 26th    March7th     Ch % NIFTY 14529 14938 2.81 BANK NIFTY 34803 35228 1.22 USD/INR 73.91 73.07 -0.84 Another volatile week and the close was not as good as it promised to be in the early part of the week.This divergence was again caused by another …

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Watch out for 14130-200 level on Nifty !

                                      WEEKLY TRENDSETTER  (FEBRUARY 27TH  ,2021) 2021 Feb 19th    Feb 27th     Ch % NIFTY 14982 14529 -3.02 BANK NIFTY 35841 34803 -2.89 USD/INR 72.51 73.91 -1.89 The week saw some serious correction in the markets and the closing indicated that the selling pressure could continue.The primary reason for the correction was cited to …

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Correction comes and some respite for bears!

                                      WEEKLY TRENDSETTER  (FEBRUARY 20TH  ,2021) 2021 Feb 12th    Feb 19th     Ch % NIFTY 15163 14982 -1.19 BANK NIFTY 36108 35841 -0.73 USD/INR 72.58 72.51 +0.09 The week began in a robust manner and Nifty hit an all-time high of 15431. Towards close however it slipped below 15000 forming what is known as …

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New stars emerging in mid cap / small cap space besides revival stories

                                      WEEKLY TRENDSETTER  (FEBRUARY 12TH  ,2021) 2021 Feb 5th    Feb 12th     Ch % NIFTY 14924 15163 1.60 BANK NIFTY 35655 36108 1.27 USD/INR 72.91 72.62 0.39 The week was robust with healthy gains in the indices though the mid-cap and small-cap segments caught attention with several counters posting handsome gains.   BIG PLAYERS ACTIVITIES …

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Phew !13600 level on Nifty visited !

                                      WEEKLY TRENDSETTER  (JANUARY 30th  ,2021) 2021 22nd Jan   29TH Jan    Ch % NIFTY 14372 13634 -5.13 BANK NIFTY 31167 30565 -1.93 USD/INR 72.94 72.98 -0.04 The market saw a healthy correction and Nifty touched 13600 .However, derivative expiry jitters coupled with shaky global markets and the forthcoming Budget uncertainty unnerved bulls and …

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CORRECTION COMES FINALLY BUT A WELCOME ONE

                                      WEEKLY TRENDSETTER  (JANUARY 23RD ,2021) 2021 15th Jan   22nd Jan    Ch % NIFTY 14433 14371 -0.42 BANK NIFTY 32247 31167 -3.34 USD/INR 73.09 72.96 0.17 The mid week saw some euphoria when the BSE SENSEX touched 50000 and there was all round excitement and nostalgia.The Nifty however reverted from 14753 when the …

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Markets take a pause -finally

                                      WEEKLY TRENDSETTER  2021 8th Jan 15th Jan    Ch % NIFTY 14347 14433 0.60 BANK NIFTY 32084 32247 0.50 USD/INR 73.26 73.09 -0.23 The markets scaled a lifetime high but towards close of week showed signs of profit -taking. Good results from the IT sector were greeted with selling  which is an early sign …

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