Market monitor 23/11/25

Dear folks,

The market has turned pretty more sluggish; from the sideways trend to the downtrend. As I was anticipating a hard crackdown in my previous newsletters due to the bad market environment; Friday showed us a nail in the coffin where everyones portfolio hit a new low.
I am continuously mentioning it is much better now to sit on the sidelines rather than trading and burning your hands in the market.

Also; we are having a crackdown in equity markets globally with the US market breadth worsening pretty bad every other day; the crypto rally is over and bitcoin breached a very important trendline support on a larger timeframe.

The Indian market did decouple from the global market performance; however the meltdown in the global markets is also dragging the Indian markets badly.

There is not much to talk about in this environment; stay on the sidelines; it is not the time to be aggressive. Don’t buy the dip.