⦾ Powell under pressure to cut rate (and save his job)
⦾ NVDA results on 27/8, another record quarter
⦾ Tug-of-war with Trump is yet to end for India
⦾ Silver on the move again
Global Markets
YTD Performance
Turning point in global markets as US Fed expected to cut rates next week.
Could be the impetus everyone is waiting for!
3-Macros
$₹ / Gold / Oil
We look at the 3 Macros that affect Indian market viz., $₹ / Gold / Oil
USD/₹ : remains strong
Gold : sideways
Oil : Living below the 50dma
The Market
CNX500
Market structure is HH/HL after the bottom punched on 8.8.25
50dma works as support and resistance at which the market currently stands
Waiting for 150dma to cross over the 200dma for better days, weeks and month to come
We’re in a 10,000 point massive Flag & Pole.
Market Breadth
3 Pillars of the Market
Net NH/NL : Positive for last 5 sessions
% stocks above 20dma : should be > 50% : Above 50% for last 4 sessions
Cnx500 above / below 20dma : should be above : Above 20dma for last 5 sessions
Tracking Leadership
Indices, Sectors, Industries
We track leading indices on YTD basis and Leading Themes on Sector and Industry Level
Active Investment ideas for next week
Trend has changed and holding. Look for low risk ideas
Hubtown
Weekly Chart
KRBL
Weekly Chart
ITCHOTELS
Daily Chart
M&M (Futures)
Daily Chart
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