⦾ The uptrend continues by the bulls at the border
⦾ FIIs pump 23,778 crores into Indian stocks in May’25
⦾ Finance and Pvtbanks leading the pack
⦾ Sector rotation on the cards
Global Markets
YTD Performance
Global Markets have settled for now and steady
3-Macros
$₹ / Gold / Oil
We look at the 3 Macros that affect Indian market viz., $₹ / Gold / Oil
USD/₹ : facing rejection at 50dma
Gold : trend changed to LH/LL but now at 50dma
Oil : lives below the 10wma
The Market
CNX500
Post ceasefire CNX500 has moved 1200 points or 5.51% in the last week. The gap up on the 12th was the sign of strength by the bulls at the border.
We’re in a 10,000 point massive Flag & Pole
Market Breadth
New Highs / New Lows
We’re net positive since the 12th but this needs to build
Sectoral Analysis
Performance and RS
We compare YTD-RS vs 3M-RS to check sector rotation in market
YTD Basis : Finance, Pvtbanks, Oil&Gas
3M Basis : PSE, Oil & Gas, Energy
Active Investment ideas for next week
TAKING PILOT TRADES
We’re almost getting into early Stage 2 aka Stage 2A and we can try out a few pilot trades to check if they work
APOLLO
WEEKLY CHART
IXIGO
WEEKLY CHART
TDPOWERSYS
WEEKLY CHART
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