Failed Breakout Turn into Steep Selling, Metals Hit Hard

Failed Breakout Turn into Steep Selling, Metals Hit Hard

Market Recap: Last week I wrote that, although market is inching higher but market breadth (net of advances and decline) or AD ratio on NSE was not impressive, barely 1:1, which indicate some internal weakness was prevailing, perhaps smart money was looking up ways to...

Market Showing Strength Again; Despite weak Q1 GDP Data:

Market Recap Market resilient, defying sceptics (Yes, including me), as a surge at month end erased most of the month losses. Nevertheless, India GDP rate slowed to 5.7% in Q1 of 2017-18, perhaps on the back of de-stocking ahead of GST implementation and lingering...