WEEKLY TRENDSETTER (NOV 3RD,2023 2023 Oct 20 Oct 27 Ch % NIFTY 19542 19047 -2.53 BANK NIFTY 43723 42782 -2.15 USD/INR 83.12 83.12 0.10 MARKET REVIEW–The correction continued and was broad based and losses were across the board. However, there was a short covering rally towards end of week which trimmed some of the …
Looks like a welcome correction in markets though global jitters look worrying! Read More »
WEEKLY TRENDSETTER (OCT 27th ,2023 2023 Oct 13 Oct 20 Ch % NIFTY 19751 19542 -1.06 BANK NIFTY 44287 43723 -1.27 USD/INR 83.42 83.12 -0.36 MARKET REVIEW–The correction was broad based and even the mid-cap and small cap segments felt the heat and profit taking was seen at higher levels. With a stellar rally in …
WEEKLY TRENDSETTER (OCT 20TH ,2023 2023 Oct 6 Oct 13 Ch % NIFTY 19653 19751 +0.50 BANK NIFTY 44360 44287 -0.16 USD/INR 83.10 83.42 0.39 MARKET REVIEW–The market opened for the week with a gap down in the wake of tension in S.E. Asia. However,” buy at dip” was a norm for the whole …
With IT on backfoot its over to banks to set the trend! Read More »
WEEKLY TRENDSETTER (OCT 6TH ,2023 2023 Sep 22 Sep 29 Ch % NIFTY 19674 19638 -0.18 BANK NIFTY 44612 44584 -0.07 USD/INR 83.1 83.1 -0.06 MARKET REVIEW–The market was largely influenced by global markets with the US market looking increasingly vulnerable due to a decision paralysis on the funding issue which could result in …
WEEKLY TRENDSETTER (SEPT 29th ,2023 2023 Sep 15 Sep 23 Ch % NIFTY 20192 19674 -2.57 BANK NIFTY 46231 44612 -3.5 USD/INR 83.14 83.1 -0.05 MARKET REVIEW–The euphoria of all time high on the Nifty was short lived as profit-taking set in sending the large caps, mid-caps and small -caps on a correction mode. Banking …
WEEKLY TRENDSETTER (SEPT 22nd,2023 2023 Sep 8 Sep 15 Ch % NIFTY 19820 20192 +1.88 BANK NIFTY 45156 46231 +2.38 USD/INR 82.93 83.14 +0.25 MARKET REVIEW–The week saw a major landmark being achieved with the Nifty conquering the 20000 level and closed well above that. There was a mid-week scare as the mid cap …
Booster dose from banking ,IT helps Nifty scale past 20000! Read More »
WEEKLY TRENDSETTER (SEPT 15TH,2023 2023 Sep 1 Sep 8 Ch % NIFTY 19453 19820 +1.89 BANK NIFTY 44436 45156 +1.62 USD/INR 82.74 82.93 +0.23 MARKET REVIEW–The week was fully in control of bulls even though global cues were not supportive. Lower levels were lapped up by buyers and by close of week the Nifty …
Nifty plays T-20 knock on the eve of G-20 meet ! Read More »
WEEKLY TRENDSETTER (SEPT 8th ,2023 2023 Aug 25 Sep 1 Ch % NIFTY 19266 19453 +0.97 BANK NIFTY 44231 44436 +0.46 USD/INR 82.66 82.74 +0.10 MARKET REVIEW–The Aug expiry was at the low point of the month and Sept was expected to begin with a downward slide. However, the bulls had other ideas and …
WEEKLY TRENDSETTER (SEPT 1st ,2023 2023 Aug 18 Aug 25 Ch % NIFTY 19310 19266 -0.23 BANK NIFTY 43851 44231 0.87 USD/INR 83.14 82.66 -0.58 MARKET REVIEW–The week was another testing period for the bulls as any recovery attempted was promptly sold into. However, there was nothing to complain as far as the mid-cap …
Direction of HDFC Bank critical for both indices! Read More »
WEEKLY TRENDSETTER (August 18th,2023) 2023 Aug 4 Aug 11 Ch % NIFTY 19517 19428 -0.46 BANK NIFTY 44879 44199 -1.52 USD/INR 82.83 82.84 0.01 MARKET REVIEW–The week saw more correction which comes on the back of 2 weeks selling pressure and though the broader market saw some pockets of gains, banking was the drag …