WEEKLY TRENDSETTER (SEPT 24TH,2021) 2021 SEPT 17 SEPT 24 Ch % NIFTY 17585 17853 1.52 BANK NIFTY 37812 37830 0.05 USD/INR 73.48 73.48 -0.41 MARKET REVIEW–The markets mirrored global volatility as US markets as well as a default scare from a real estate major in China resulted in nervous sentiments. However, the undertone of the …
WEEKLY TRENDSETTER (SEPT 17th,2021) 2021 SEPT 10 SEPT 17 Ch % NIFTY 17369 17585 1.24 BANK NIFTY 36683 37812 3.08 USD/INR 73.53 73.48 -0.07 MARKET REVIEW–The markets continued with the momentum and Bank Nifty managed to race past 37700 and post a life time high. While most sectors showed positive returns, metals saw some profit-taking. …
Bulls getting dizzy while markets soar ,caution advised! Read More »
WEEKLY TRENDSETTER (SEPT 10th,2021) 2021 SEPT 3 SEPT 10 Ch % NIFTY 17323 17369 0.27 BANK NIFTY 36761 36683 -0.21 USD/INR 73.04 73.53 0.67 MARKET REVIEW –After logging super gains in the 1st week of Sept the market went into a consolidation mode and closed with marginal gains. The Bank Nifty fell shy of …
Market resilience promises levels of 17600 on Nifty! Read More »
WEEKLY TRENDSETTER (SEPT 3RD ,2021) 2021 AUG 27 SEPT 3 Ch % NIFTY 16705 17323 3.70 BANK NIFTY 35628 36761 3.18 USD/INR 73.60 73.04 -0.76 MARKET REVIEW –It was a power-packed performance with Nifty and Bank Nifty firing all cylinders and managing to log on impressive gains. The FII s kept the buying spree on …
WEEKLY TRENDSETTER (AUG 27th,2021) 2021 AUG 20 AUG 27 Ch % NIFTY 16450 16705 1.55 BANK NIFTY 35033 35628 1.70 USD/INR 74.37 73.60 -1.04 MARKET REVIEW –Last week ‘s correction was short -lived and the Nifty managed to erase all losses and closed above 16700.While the banking and metal counters lent support, the surprise …
Nifty closes above 16700 with 5 positive sessions! Read More »
WEEKLY TRENDSETTER (AUG 20th,2021) 2021 AUG 13 AUG 20 Ch % NIFTY 16529 16450 -0.48 BANK NIFTY 36169 35033 -3.14 USD/INR 74.27 74.37 0.13 MARKET REVIEW –It was a truncated week and global markets witnessed some profit -taking which also triggered selling pressure towards end of week in India and barring IT all sectors were …
WEEKLY TRENDSETTER (AUG 13th ,2021) 2021 AUG 6 AUG 13 Ch % NIFTY 16238 16529 1.79 BANK NIFTY 35809 36169 1.01 USD/INR 74.11 74.27 0.22 MARKET REVIEW –The momentum slipped mid-week around 16350 but the recovery was swift and finally the Nifty closed at a historic high. The Bank Nifty was relatively subdued. BACK …
Index on a high but advance -decline ratio indicates profit -taking at higher levels ! Read More »
WEEKLY TRENDSETTER (AUG 7TH,2021) 2021 JULY 30 AUG 6 Ch % NIFTY 15763 16238 3.01 BANK NIFTY 34584 35809 3.54 USD/INR 74.34 74.11 -0.31 MARKET REVIEW –The market began the week on a fine fettle and finally the 16000 level on Nifty was cleared. The rise was fairly broad-based though for once the mid cap …
Nifty goes past 16000!Mixed cues hint at possible profit -taking around 16350-400 Read More »
WEEKLY TRENDSETTER (JULY 30th ,2021) 2021 JULY 23 JULY 30 Ch % NIFTY 15856 15763 -0.59 BANK NIFTY 35034 34584 -1.28 USD/INR 74.43 74.34 -0.12 MARKET REVIEW –The market settled lower for the week and pharma was the big drag after several months. Metals managed to keep the balance and finally losses on the …
Another week ,another tug of war while index occilates between 15600-15900 Read More »
WEEKLY TRENDSETTER (JULY 23rd ,2021) 2021 JULY 16 JULY 23 Ch % NIFTY 15923 15856 -0.42 BANK NIFTY 35751 35034 -2.01 USD/INR 74.61 74.43 -0.24 MARKET REVIEW –It was a truncated week and after 2 days of correction some recovery was seen though finally both indices closed with losses. Banking counters were the drag with …
Market doing reality check with corporate results! Read More »