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 »
WEEKLY TRENDSETTER (JULY 16th ,2021) 2021 JULY 9 JULY 16 Ch % NIFTY 15690 15923 1.49 BANK NIFTY 35072 35751 1.94 USD/INR 74.49 74.61 0.16 MARKET REVIEW –Despite a short hiccup in the beginning of the week, the Nifty regained lost ground and marched ahead. Bank Nifty did slightly better and sector-wise there was …
WEEKLY TRENDSETTER (JULY 9TH ,2021) 2021 JULY 2 JULY 9 Ch % NIFTY 15722 15690 -0.20 BANK NIFTY 34809 35072 0.76 USD/INR 74.71 74.61 -0.13 MARKET REVIEW –The Nifty continued with the sluggish trend despite an encouraging start at the beginning of the week.IT was the laggard of the week following TCS results. DID YOU …
Triple top at 15900 on Nifty! Bulls sweat while bears rejoice! Read More »
WEEKLY TRENDSETTER (JULY 2ND ,2021) 2021 JUNE 25 JULY 2 Ch % NIFTY 15860 15722 -0.87 BANK NIFTY 35364 34809 -1.57 USD/INR 74.20 74.71 0.69 MARKET REVIEW –The Nifty fell back on profit -taking and dipped below 15800. This was largely due to weakness in the banking counters and metals which did not see …
WEEKLY TRENDSETTER (JUNE 24th ,2021) 2021 JUNE 18 JUNE 25 Ch % NIFTY 15683 15860 1.13 BANK NIFTY 34558 35364 2.33 USD/INR 73.94 74.20 0.35 MARKET REVIEW –The recovery post the previous week ‘s profit -taking was swift and the Nifty managed to regain most of the losses and began the July expiry series …
Banking and metals hold the key to sustain rally ! Read More »
WEEKLY TRENDSETTER (JUNE 18th ,2021) 2021 JUNE 11 JUNE 18 Ch % NIFTY 15799 15683 -0.73 BANK NIFTY 35047 34558 -1.40 USD/INR 73.06 73.94 1.20 MARKET REVIEW –It turned out to be a volatile week with the market reacting to news flow like spiking of domestic inflation, hawkish Fed commentary, spike in crude and …
Bulls take a breather while bears growl with hope ! Read More »