⦾ Tariffs paused, Markets up and how!
⦾ New factories, secret shipments as Xi in Vietnam, Malaysia, Cambodia
⦾ Jamie Dimon and others sound alarm on Trump’s Tariffs
⦾ We continue to live below the 200 but there are signs of hope
Global Markets
YTD Performance
Out from the red but still not green
Some resilience by Indian markets this week as we stop correcting and April-7 seems to be the final low for most global indices
3-Macros
$₹ / Gold / Oil
We look at the 3 Macros that affect Indian market viz., $₹ / Gold / Oil
USD/₹ : rejected at 50dma, sideways
Gold : new ATH
Oil : remains weak
The Market
CNX500
Failed iH&S but retests the bottom, 4th time would be a charm ?
We are still below the 200dma…tread cautiously
THIS IS STILL INTACT
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, retested on 7.4.25
Market Breadth
New Highs / New Lows
We are again at zero line and we wait again to crossover to the +ve side
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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