⦾ US market at new ATH despite – war, tariffs and Trump’s bill

⦾ There’s peace in Gaza

⦾ Sector rotation in indian markets

⦾ Best ideas for next week

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Global Markets

YTD Performance

Global markets are stable and US indices are at new ATH level despite War, Tariffs and the new bill Trump signed though reaction will come next week.

3-Macros

$₹ / Gold / Oil

We look at the 3 Macros that affect Indian market viz., $₹ / Gold / Oil

USD/₹ : sideways

Gold : bouncing around the 50dma

Oil : the drop stops at the 50dma, though its in a downtrend

The Market

CNX500

What’s happened in the last week is not even a pullback. Just a closing of the gap.

Next week we should be up and running. Sector rotation is happening meanwhile and we should have the leading sector and stocks for the trending period until Dec’25 very soon.

We’re in a 10,000 point massive Flag & Pole.

Market Breadth

New Highs / New Lows

Broader market continues to live in the positive zone.

Sector Rotation underway.

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Sectoral Analysis

Performance and RS

We compare YTD-RS vs 3M-RS to check sector rotation in market

YTD Basis : Defence, Finserexbnk, Finance

3M Basis : Defence, Oil&Gas, Media

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Active Investment ideas for next week

Market is now in Stage 2A and heading for ATH post which it will be in Stage 2 uptrend

Stock ideas :

1. Dbrealty
2. Grse
3. Paradeep
4. Udaicem

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Your job as an investor is to find the next apple and handle it well.