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 »
WEEKLY TRENDSETTER (May 5th,2023) 2023 APRIL 21 APRIL 28 Ch % NIFTY 17624 18065 2.50 BANK NIFTY 42118 43234 2.65 USD/INR 82.10 81.82 -0.34 MARKET REVIEW–The week turned out to be a merry outing for bulls. Levels of resistance were pierced effortlessly and both indices closed at the week’s high despite a long weekend ahead. …
Set-up looks perfect for levels of 18300 on the Nifty! Read More »
WEEKLY TRENDSETTER (April 28th,2023) 2023 APRIL 14 APRIL 21 Ch % NIFTY 17828 17624 -1.14 BANK NIFTY 42132 42118 -0.03 USD/INR 81.84 82.10 0.32 MARKET REVIEW–The week turned out to be a quiet one. However, one notable feature was recovery from intra -day lows on most of the days and also very active buying …
WEEKLY TRENDSETTER (April 21st,2023) 2023 APRIL 7 APRIL 13 Ch % NIFTY 17599 17828 1.3 BANK NIFTY 41041 42132 2.66 USD/INR 81.86 81.84 -0.05 MARKET REVIEW–The week turned out to be merry outing for bulls as the market gains participation widened and many mid and small caps started attracting buying at lower levels and …
Bulls could look to book some profits at higher levels ! Read More »
WEEKLY TRENDSETTER (April 14th,2023) 2023 Mar 31 APRIL 7 Ch % NIFTY 17360 17599 1.38 BANK NIFTY 40608 41041 1.07 USD/INR 82.19 81.88 -0.38 MARKET REVIEW–The market has staged a good comeback after touching a low of 16828 and managed to sustain above 17200.The coming weeks would be critical as the results season kicks …
IT majors to set tone of market !17200 level becomes critical support ! Read More »
WEEKLY TRENDSETTER (MARCH 31st,2023) 2023 Mar 17 Mar 24 Ch % NIFTY 17100 16945 -0.91 BANK NIFTY 39598 39395 -0.51 USD/INR 82.50 82.42 -0.10 MARKET REVIEW–The market exhibited bouts of volatility on all days but the pressure at higher levels was very much evident. The closing below 17000 on the Nifty now opens up …