---

Global Markets

YTD Performance

Getting a feel at global recession yet ?

Markets showing signs already with US100 dropping over 3% in a single day and US30 over 2%

3-Macros

$₹ / Gold / Oil

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

USD/₹ : punching new lows everyday, great for indian exporters

Gold : at new ATHs, tells a lot

Oil : may take off

The Market

CNX500

As anticipated and mentioned in last week’s report, time is right for a pause with the resistance at fib382 coinciding with Trump’s tariffs.

Strong support at Fib50 which is 20500

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

Market Breadth

New Highs / New Lows

The only indicator you really need to know the Market’s health

---

Sectoral Analysis

Performance and RS

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

YTD Basis : Finance, Metals, Commodities

3M Basis : Finance, Metals, Commodities

Finance is at ATH followed by Metals and Commodities leading the sectoral performance.

---

Active Investment ideas for next week

NONE

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