⦾ Here comes June, the trending one
⦾ Trump – Harvard – Xi
⦾ FIIs clock 18082cr for May’25 showing renewed confidence
⦾ OPEC increases oil output, price to remain below $65
Global Markets
YTD Performance
Learn from May, win in June.
3-Macros
$₹ / Gold / Oil
We look at the 3 Macros that affect Indian market viz., $₹ / Gold / Oil
USD/₹ : made a bull trap and back below the 50dma
Gold : bounces off 50dma support
Oil : lives below the 10wma
The Market
CNX500
Technical / mandatory pause by CNX500 and makes a pivot giving a B3 entry point
We’re in a 10,000 point massive Flag & Pole
Market Breadth
New Highs / New Lows
Hanging by a string but net breadth remains positive which is a great sign for the market
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, Finance, Oil & Gas
Active Investment ideas for next week
Market is still in Stage 3 and we remain cautiously optimistic.
We look for stocks with great setups and a low risk entry point.
ADANIPORTS
FUTURES TRADING
UCOBANK
WEEKLY CHART
IOB
WEEKLY CHART
Leave a Reply