• Is Trump triggering a US recession ?
• Starlink comes to India, so do OpenAI and Meta
• China Tops, India bottoms, money moving again
• Be Bullish, Stay Cautious

---

Global Markets

YTD Performance

China Tops, India bottoms, money moving again

3-Macros

$₹ / Gold / Oil

We look at the 3 Macros that affect Indian market viz., $₹ / Gold / Oil

USD/₹ : Dollars ( a.k.a. FII ) coming into India ?

Gold : at new ATHs

Oil : finding support below still below 10wma

The Market

CNX500

All hunky-dory for now..

Maybe April 1st week would be a time for a breather as price would approach 21460 which is fib382 resistance and also coincides with tariffs kicking in 02.4.2025

We are still below the 200dma….Be Bullish, Stay Cautious, Be Selective

Market Breadth

New Highs / New Lows

Still below the zero line, staying cautious, still not time to be aggressive

---

Sectoral Analysis

Performance and RS

We compare YTD-RS vs 3M-RS to check sector rotation in market

YTD Basis : Metals, Finance, Commodities

3M Basis : Metals, Finance, Commodities

Look for ideas in Metal and Finance sectors as these lead the sectoral performance.

---

Active Investment ideas for next week

LLOYDSME

JINDRILL

---

AMIORG

PGEL

SARDAEN

---

Your job as an investor is to find the next apple and handle it well.