⦾ Trump-Putin meeting output still awaited, Zelensky en garde

⦾ Indian market confirms change in structure HH/HL

⦾ Crypto takes a pause with a double top

⦾ Fed rate cut expected

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Global Markets

YTD Performance

HSI topped out on 24.7.25 and Nikkei is now at ATHs

Nifty remains sideways waiting for Trump to decide on tariffs post his meeting with Putin

Overall global markets are stable, Nifty seems to have bottomed

3-Macros

$₹ / Gold / Oil

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

USD/₹ : remains strong

Gold : sideways

Oil : Continues lower

The Market

CNX500

CNX500

Early signs of bottom formation with HH/HL structural change right at the bottom of the base

We need to see progress from here with the low of 8.8.25 staying intact followed by 150dma crossing over the 200dma

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

Market Breadth

3 Pillars of the Market

Net NH/NL : needs to crossover to the positive side

% stocks above 20dma : seems to have bottomed

CNX500 still below 20dma

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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

Trend has changed and holding. Look for low risk ideas

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Vimtalabs

Weekly Chart

TI

Weekly Chart

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