- Europe and Canada push back Trump with Tariffs
- Putin needs time for peace
- Powell speaks on 19th – max volatility
- Will March call the bottom in Indian market ?
Global Markets
YTD Performance
Europe on the rise…DAX leads
3-Macros
$₹ / Gold / Oil
We look at the 3 Macros that affect Indian market viz., $₹ / Gold / Oil
USD/₹ : sideways for now
Gold : at new ATHs
Oil : finding support
The Market
CNX500
Inside week…!
Holding the fib618 support from previous week and resisting at fib50
Nothing good happens below the 200dma…time to sit out.
Market Breadth
New Highs / New Lows
Weakness persists…not a buyable market
Sectoral Analysis
Performance and RS
We compare YTD-RS vs 3M-RS to check sector rotation in market
YTD Basis : Metals, Commodities, Finance
3M Basis : Finance, Metals, Pvtbanks
Metal and Finance are the only 2 sectors which have remained on the Top for many weeks now but still not buyable as the general market is in correction.
Ai (active investing)
Trade Plan
No new positions…volatility is not manageable + we have Powell on 19/3
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