⦾ Trump drama has ended globally…for now!
⦾ Indian stock market – the outlier and rising
⦾ China opens up its market for Indian products
⦾ As Dollar weakens, investors move to Europe, China and India
Global Markets
YTD Performance
The Bears will remain bearish but fact of the matter is….the tape tells all
3-Macros
$₹ / Gold / Oil
We look at the 3 Macros that affect Indian market viz., $₹ / Gold / Oil
USD/₹ : staying below the 50dma
Gold : new ATH
Oil : remain below the 10wma
The Market
CNX500
Looks like 4th time was a charm…multiple support and a gap up above 10wma is a sign of power
We are in a 10,000 point massive Flag & Pole…this is significant for 2025
We are still below the 200dma…pilot positions can be tried out
THE SUN IS HERE
We see some sunshine as Net NH/NLs now turns positive for the 1st time after 7.10.24
Market Breadth
New Highs / New Lows
The crossover is here, we turned on 15.4.25 as we go to the Pits 𓄋
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
BSE
KITEX
OSWALAGRO
PARADEEP
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