Your goal in life is to find the people, business, project, or art that needs you the most.
There is something out there just for you.
Global Markets
YTD Performance
US100 leads the pack and Tech stocks are ripping to take the markets higher.
We are heading into 50dma resistance on US100 which has been moving since 8/8/24. Breaking into new ATHs looks very likely in the next week.
Market Breadth
New Highs / New Lows
We need a higher low in this for a change in trend and that can happen once broad market participates and volume increases.
As long as we are above the zero line its all good in the hood.
Nifty 500
The Market
We are consolidating above the 50dma and holding it strongly with a higher low now in place.
A breakout above 23250 would be a great sign from the Bulls that we’re heading into new high zone with volume coming in.
Nifty Indices
YTD Performance
We compare YTD-RS vs 3M-RS to check sector rotation in market.
No change on YTD basis but 3M is now showing IT, Pharma, Consumer Durables
Stay away from underperforming sectors, Legendary traders follow this one important strategy of always staying in Alpha sectors and Alpha stocks.
The Alpha
Sectors and Stocks
Keeping a watch on where the leadership is in the sector helps to get the True Market Leader / Model Book Stock / Alpha Stock.
| SECTOR NAME | LEADING STOCK |
| Adani Group | Adaniports |
| Auto | Amaraja |
| Birla Group | Abslamc |
| Cement | Indiacem |
| Chemicals | Solarinds |
| Commodities | Vedl |
| Consumer Durables | Ifbind |
| Defence | Cochinship |
| Electric Equipment | Get_D |
| Electronic Mfg | Pgel |
| Energy | KPIGreen |
| EV and Adv Auto | Are_m |
| Fertilizer | Dhanuka |
| Finance | Mcx |
| Fmcg | Trent |
| Gold | Skygold |
| Hotels | Itdc |
| Infra | Industower |
| Insurance | Icicipru |
| IT | OFSS |
| Logistics | Aegislog |
| Mahindra Group | M&M |
| Media | PFocus |
| Metals | Vedl |
| Oil & Gas | Oil |
| Paper | Pudumjee |
| Pharma | Wockpharma |
| PSE | Hal |
| PSUBanks | Iob |
| PvtBanks | Federalbnk |
| Railway | Rvnl |
| Realty | Purva |
| Reits | Embassy |
| Roads | Ashoka |
| Shipping | Cochinship |
| Solar | Solex |
| Sugar | Bajajhind |
| Tata Group | Trent |
| Telecom | Industower |
| Textile | Raymond |
Stocks to focus
Trade / Invest
While sitting on the fence would be ideal, i would strictly avoid leverage trading and instead focus on investing in cash stocks.
| TRADE | INVEST |
| Auropharma | Bse |
| Itc | Imagicaa |
| Naukri | Inoxwind |
| Mcx | Kalyanjil |
| Tcs | Lupin |
Your Job is to find ONE stock and handle it well.
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