WEEKLY TRENDSETTER (August 11th,2023) 2023 July 28 Aug 4 Ch % NIFTY 19646 19517 -0.66 BANK NIFTY 45468 44879 -1.30 USD/INR 82.21 82.83 0.75 MARKET REVIEW–The week continued with the profit-taking mode of the previous week. The results season was in full focus and while good results were largely greeted with profit-taking, any missing …
Ruk jaana nahi tu kahin har ke ,Nifty pe chalke milenge saye bahar ke! Read More »
WEEKLY TRENDSETTER (August 4th,2023) 2023 July 21 July 28 Ch % NIFTY 19745 19646 -0.50 BANK NIFTY 46075 45468 -1.32 USD/INR 81.97 82.21 0.29 MARKET REVIEW–The August series did not exactly begin as expected by the bulls. However, some profit-taking could provide some consolidation at lower levels. While Nifty was propped up well by …
Inteha ho gayi intizar ki,Aayi na kuch khabar Bees hazaar ki ! Read More »
WEEKLY TRENDSETTER (July 28th,2023) 2023 July 14 July 21 Ch % NIFTY 19564 19745 0.93 BANK NIFTY 44819 46075 2.80 USD/INR 82.17 81.97 -0.24 MARKET REVIEW–Just when the market started taking comfort in the quarterly results of the IT sector, a negative guidance from INFY spooked the rally and overall sentiment was also further …
Can the banking pack bring out the champagne bottles ? Read More »
WEEKLY TRENDSETTER (July 21ST,2023) 2023 July 7 July 14 Ch % NIFTY 19332 19564 1.20 BANK NIFTY 44925 44819 -0.24 USD/INR 82.73 82.17 -0.68 MARKET REVIEW–The week turned out to be volatile and higher levels attracted profit-taking. With result season beginning, the trend could now shift towards the overall profitability trend. This was evident …
WEEKLY TRENDSETTER (July 14th,2023) 2023 June 30 July 7 Ch % NIFTY 19189 19332 0.75 BANK NIFTY 44747 44925 0.40 USD/INR 82.06 82.73 0.82 MARKET REVIEW–The market was robust for most part of the week. However, the global markets were not supportive as rate hike fears attracted profit booking. Finally, towards close of week …
Will the HDFC twins cause high volatility post -merger in the coming week ? Read More »
WEEKLY TRENDSETTER (July 7th,2023) 2023 June 23 June 30 Ch % NIFTY 18665 19189 +2.81 BANK NIFTY 43622 44747 +2.58 USD/INR 82.04 82.06 0.02 MARKET REVIEW–The market made a quiet beginning for the week. However, once the consolidation was over, it made a smart breakout on the upside and by the close of week …
Jo bear hua ,woh bury hua !Nifty pole vaults past 19000! Read More »
WEEKLY TRENDSETTER (June 30th,2023) 2023 June 16 June 23 Ch % NIFTY 18826 18665 -0.86 BANK NIFTY 43938 43622 -0.72 USD/INR 81.94 82.04 0.12 MARKET REVIEW–The Nifty made a valiant attempt to touch all-time high but after getting into kissing distance gave up all the gains to close for the week below 18700.The banking counters …
Bulls happy to take profits off the table as broader market witnesses selling ! Read More »
WEEKLY TRENDSETTER (June 23RD ,2023) 2023 June 9 June 16 Ch % NIFTY 18563 18826 +1.39 BANK NIFTY 43989 43938 -0.12 USD/INR 82.47 81.94 -0.64 MARKET REVIEW–The week saw several stocks hitting life-time highs and participation was broad based.The banking stocks witnessed profit-taking and the weakness in HDFC Bank kept the Bank Nifty under …
Nifty ready to greet new week with life-time high! Read More »
WEEKLY TRENDSETTER (June 16th ,2023) 2023 June 2 June 9 Ch % NIFTY 18534 18563 +0.18 BANK NIFTY 43938 43989 +0.12 USD/INR 82.41 82.47 +0.07 MARKET REVIEW–The week began on a steady note.However,the weekly expiry day triggered strong profit-taking and the indices closed flat for the week on Friday.The broader market has seen pockets …
Bulls could look to encash some profits at higher levels! Read More »
WEEKLY TRENDSETTER (May 19th,2023) 2023 MAY 5 MAY 12 Ch % NIFTY 18069 18315 +1.36 BANK NIFTY 42661 43793 +2.65 USD/INR 81.70 82.18 +0.56 MARKET REVIEW–The week began on a strong note.The Bank Nifty was the star as the recovery was swift after the previous week’s late correction. The closing looks encouraging and odds …
Momentum looks strong though some near term correction expected ! Read More »