⦾ Trump’s tariffs on India seem to be fading away
⦾ Is Oracle the new TML replacing Nvda ?
⦾ In commodities, silver picks up speed.
⦾ TRX, ETH lead the crypto pack are in buy zone
Global Markets
YTD Performance
Amidst Trump and his tantrums there’s a global rally that has begun in anticipation of a rate cut in the next Fed meeting happening Sep 16-17
US leads the rally with SPX, US30 and US100 all are at their ATHs
3-Macros
$₹ / Gold / Oil
We look at the 3 Macros that affect Indian market viz., $₹ / Gold / Oil
USD/₹ : needs to cool off
Gold : New week, new ATH printed
Oil : sideways
The Market
CNX500
Double bottom with higher low
Nearing the W-neckline which is a critical sign post to clear
Now in Stage 2A as price closes above 50dma
We’re in a 10,000 point massive Flag & Pole.
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
Astramicro
Daily Chart
Avantel
Daily Chart
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