WEEKLY TRENDSETTER (JAN 21st,2022) 2021 JAN 14 JAN 21 Ch % NIFTY 18256 17617 -3.50 BANK NIFTY 38370 37574 -2.07 USD/INR 74.13 74.40 0.36 MARKET REVIEW–The expected correction turned out to be more severe than anticipated as the Nifty slid way below 18000 and going by cues available looks like some more downside could be …
Positions lighten before budget and correction is more severe than expected ! Read More »
WEEKLY TRENDSETTER (JAN 14th ,2022) 2021 JAN 7 JAN 14 Ch % NIFTY 17813 18256 1.67 BANK NIFTY 37739 38370 2.49 USD/INR 74.30 74.13 -0.28 MARKET REVIEW–The New Year party continued for the 2nd week running and though some mild profit taking was seen towards close of week the gains were broad-based. INTERESTING TIDBITS …
WEEKLY TRENDSETTER (JAN 7TH,2022) 2021 DEC 31 JAN 7 Ch % NIFTY 17354 17813 2.64 BANK NIFTY 35481 37739 6.36 USD/INR 74.30 74.30 0.05 MARKET REVIEW–The New Year began with a bang with the banking counters leading the charge. The FII also resumed buying which buoyed sentiments further. INTERESTING TIDBITS 1.Renewable power generation growth …
WEEKLY TRENDSETTER (DEC 31st,2021) 2021 DEC 24 DEC 31 Ch % NIFTY 17004 17354 2.06 BANK NIFTY 34857 35481 1.79 USD/INR 75.00 74.30 -0.93 MARKET REVIEW–The year ended with a flourish and the Nifty closed above 17000 with a late recovery from the banks. The FII selling was mixed and the New Year could …
Retail investor da jawab nahin !That sums up 2021 !Have a great 2022 ! Read More »
WEEKLY TRENDSETTER (DEC 24th,2021) 2021 DEC 17 DEC 24 Ch % NIFTY 16985 17004 0.11 BANK NIFTY 35618 34857 -2.14 USD/INR 76.00 75.00 -1.32 MARKET REVIEW–Another week of volatile trading which however saw good recovery after Nifty touched a low of 16410 on Monday.IT was the backbone of the recovery and though the FII …
Nifty closes higher for 6 consecutive years(2016-21) !Will the 7th year oblige ? Read More »
WEEKLY TRENDSETTER (DEC 17th,2021) 2021 DEC 10 DEC 17 Ch % NIFTY 17511 16985 -3.0 BANK NIFTY 37105 35618 -4.01 USD/INR 75.70 76.00 0.4 MARKET REVIEW–Last week the indications were clear that hedging at 17700-800 Nifty levels would be advisable. However, the market turned from 17650 itself and by close had breached 17000 level …
Correction in markets could turn sharper !Caution advised ! Read More »
WEEKLY TRENDSETTER (DEC 10th,2021) 2021 DEC 3 DEC 10 Ch % NIFTY 17197 17511 +2.51 BANK NIFTY 36197 37105 +1.83 USD/INR 75.12 75.70 0.77 MARKET REVIEW–Another volatile week which finally closed with gains. The FII s relentless selling pressure continued though there were pockets of strength like power and capital goods. The market is …
WEEKLY TRENDSETTER (DEC 3RD,2021) 2021 NOV 26 DEC 3 Ch % NIFTY 17026 17197 +1.00 BANK NIFTY 36025 36197 +0.48 USD/INR 74.89 75.12 +0.31 MARKET REVIEW–The week was hugely volatile and finally closed with gains.FII s relentless selling pressure continued and though there were pockets of strength,the large caps were selling off at any …
Nifty likely to turn slippery for bulls above 17300-400 Read More »
WEEKLY TRENDSETTER (NOV 26th,2021) 2021 NOV 19 NOV 26 Ch % NIFTY 17765 17026 -5.14 BANK NIFTY 37976 36025 -4.16 USD/INR 74.24 74.89 0.88 MARKET REVIEW–The week was clearly in bear territory as relentless selling pressure from FIIs followed by a Covid scare outside India created total panic and the Nifty barely managed to …
Correction comes finally …..which even bulls wont mind! Read More »
WEEKLY TRENDSETTER (NOV 19th,2021) 2021 NOV 12 NOV 19 Ch % NIFTY 18103 17765 -1.95 BANK NIFTY 38733 37976 -1.87 USD/INR 74.42 74.24 -0.40 MARKET REVIEW–The market was in no mood to take forward the bullish closing of the previous week and there was relentless selling pressure which not only wiped out the previous …