Nifty ended below 15000, closed lower for the third consecutive trading days; all sectoral indices h…

We will discuss TRADE SUMMARY where all the trades which are discussed in this letter will be summarized at one place. BANK NIFTY continued moving down and closed lower for the fourth consecutive trading days. Avoid trading the index and wait for pri…

Base metals are on tear on expectations of supply tightness. Copper rallied above $9,000 a ton for t…

Base metals are on tear on expectations of supply tightness. Copper rallied above $9,000 a ton for the first time in more than nine years on bets that increased demand driven by the recovery from the pandemic will spur a historic deficit, putting the…

Markets continue to face stiff resistance on the way up while they attempt to produce a revival. The…

Markets continue to face stiff resistance on the way up while they attempt to produce a revival. The absence of trends continues to impact the positional traders as the trends do not seem to stretch. With complete lacklustre move dominating the marke…

Markets in correction mode

After hitting new record highs, markets turned negative during the week as traders booked profits ahead after the sharp up move. Auto, and banking stocks corrected sharply from their recent highs while oil & gas sector remained firm during the we…

New variant of Covid19 found in US, will the stock correct?

On Friday, rupee gained 12 paise to finish at 72.75 against the US dollar. At the interbank forex market, the local unit opened at 72.79 and witnessed an intra-day high of 72.75 and a low of 72.83. On Thursday, the rupee had finished at 72.87.