⦾ Tariffs up, Markets down as US investors lose $5.4tn in 2 days
⦾ Inflation to rise with Tariffs, Fed warns of Recession
⦾ Coffee and Beer Expensive, Las Vegas goes empty
⦾ We continue to live below the 200
Global Markets
YTD Performance
Deep in the red !
Ever seen SPX500 down 9%, US100 9.5%, EU50 9.5% =4.75 =>in 1 week ?
3-Macros
$₹ / Gold / Oil
We look at the 3 Macros that affect Indian market viz., $₹ / Gold / Oil
USD/₹ : time for a pause
Gold : topped out
Oil : broke major support
The Market
CNX500
As of friday closing we’re in an iH&S but this needs a confirmation.
A gap down opening will negate this if we break below 20500
We are still below the 200dma….we’re now at NO TRADING ZONE
Sharing Nifty50 chart below and drawing parallels from the past of how the bottom was formed before we saw the uptrend from May’23 to Sep’24
The Low made on 18.3.2025 is of highest significance now.
Market Breadth
New Highs / New Lows
The only indicator you really need to know the Market’s health…still -ve
Sectoral Analysis
Performance and RS
We compare YTD-RS vs 3M-RS to check sector rotation in market
YTD Basis : Finance, Pvtbanks, Commodities
3M Basis : Finance, Pvtbanks, Commodities
Active Investment ideas for next week
NONE
As per system, 100% cash raised for opportunities to come
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