Market bounced off after Secondary test

Market bounced off after Secondary test

Weekly Market Recap: Nothing much has happened this week, since Monday until expiry day (Thursday) major benchmark indices crawled in negative territory with bearish sentiment despite of some recovery in global markets. However, on Friday, indices bounced off sharply...
Week of Consolidation and Capitulation!

Week of Consolidation and Capitulation!

Weekly Market Summary: It’s been heck of seesaw between bulls and bears, bears and bulls. Since after a steeping angle of ascent, expected correction happened in an unexpected manner, investor sentiment took a hit in big–way in the wake of back-to-back adverse events...
Adequate or Inadequate Correction…part (ii)

Adequate or Inadequate Correction…part (ii)

Weekly market Recap: Last week I asserted that the character of market had changed from super bullish to normal bullish, by which I meant that we should start to see more normal bull market correction unlike earlier, market were surging in linear manner. Just like the...
Adequate or Inadequate Correction..!!

Adequate or Inadequate Correction..!!

Weekly Market Recap: For the last year, the market has been advancing persistently, and in January the angle of ascent became ridiculously steep, and I commented more than twice in my last two blogs that it is difficult to sustain a vertical move of this kind as far...