⦾ SP500 hits new ATH, oil keeps dipping
⦾ Nifty50 nearing ATH, IPO market booms in India
⦾ Top 5 stocks to buy next week
Global Markets
YTD Performance
MSCI World Index futures gets into momentum
HK still leads on YTD and now Nikkei is at #2
India is right at the bottom but good gain indices last week
3-Macros
$₹ / Gold / Oil
We look at the 3 Macros that affect Indian market viz., $₹ / Gold / Oil
USD/₹ : Topped out, below 10wma
Gold : Pause, too early to call it a top (those who do, you know what happens)
Oil : Major downtrend
The Market
CNX500
CNX500 : Weekly Chart
Technical pause last week !
We’re coming out of the handle with a retest.
As long as 23650 holds next week market is safe.
If back into the handle, volatility would increase with fakeouts, sector rotations and leaders not holding
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
Top picks for next week
Karurvyasa
Daily Chart
Apollo
Weekly Chart
Smspharma
Daily Chart
Creditacc
Weekly chart
Abdl
Daily Chart
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