⦾ Not just India but world feels the Tariff pressure, even the US

⦾ Switzerland hit with 39% Tariff, highest in the world

⦾ Indian stocks pulling back, no time to buy

⦾ Stay put on Bitcoin, time to add

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Global Markets

YTD Performance

World markets are pulling back as Trump puts pressure.

Some will pullback to KMAs (key moving averages) while the strong ones will go into consolidation.

Scanning for RS (relative strength) becomes more important than ever.

CNX500 is now a laggard and currently in a pullback.

3-Macros

$₹ / Gold / Oil

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

USD/₹ : Seems to have paused in the last 2 days but remains in Stage 2

Gold : Reclaims the 50dma and moving higher once again

Oil : Faces rejection of the 10wma and may correct

The Market

CNX500

This is classic volatility of the market shown in terms of MAs.

While 50dma is above 150 and 200, the 150 is still not above the 200

The price “must” pullback and the 2 MAs viz., 200 and 150 must come closer so that 150 can crossover the 200

Look out for this alignment of the MAs.

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.

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Tracking Leadership

Indices, Sectors, Industries

We track leading indices on YTD basis and Leading Themes on Sector and Industry Level

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Active Investment ideas for next week

As market is currently in a downtrend we wait for a trend change or for CNX500 to take support and turn from here.

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