Great gains in Nifty, Nifty Bank; Sensex above 61,000 for the first time; she and bank stocks led …

We will discuss BUSINESS SUMMARY where all trades discussed in this letter will be summarized in one place. BANK NIFTY has posted new lifetime highs above 39,000. Look to buy if the drop drops sharply. We will share SECTOR PERFORMANCE for TRADING VIEW. …

Oil prices have skyrocketed, extending gains for several weeks, amid tight supply from major producers and …

Oil prices have skyrocketed, extending gains by several weeks, amid tight supply from major producers and growing demand for fuels as economies attempt to recover from the coronavirus pandemic. Prices have increased as more and more vaccinated populations have moved out of …

The rally stopped on global volatility

Markets traded weakly as inflation fears persisted and expectations grew about a tightening of US Federal Reserve policy in the coming months. Also, concerns about the prospect of rising borrowing costs, a possible default on US debt, and signs that the …

The rupee continues to trade under pressure, breaking above 75.25 levels on higher crude prices.

The Indian rupee continues to trade under pressure, which closed significantly lower at 75.36, as crude oil prices continued to climb. The rupee tested low of 75.3950, a level last seen on April 21, 2021. A 2% jump in Brent crude caused further declines …

Since the market has reversed (again) from its low on October 1,

Since the market reversed (again) from the October 1 low, the rise has been quite rapid and was interrupted by a single session (October 6) and now decisive new highs are being reached on all main clues.