Nifty Crosses the Resistance Line..!!

Nifty Crosses the Resistance Line..!!

Weekly Market Recap: The Week started with a battle between bulls and bears at key overhead resistance on Nifty at around 10600, fight continued until April F&O expiry on Thursday, however, on Friday bulls emerged out to be a winner with a gap up opening above key...
Indices Hits Resistance..!!

Indices Hits Resistance..!!

Weekly Market Recap: Amid choppiness, market  added some gain with consolidation underneath, and at the same time weekly winning streak from last week continued to this week as well. The market remained volatile, but remained within a capped range and kept recovering...
Earning Season in Full Swing Ahead

Earning Season in Full Swing Ahead

Weekly Market Recap: Market action was little choppy, but since correction begun post budget speech this was the first week , when market managed to eke out a small gain on daily basis, without losing on single day, amid pessimism and negative sentiments, making its...
Putting Things Into Perspective (II)..!!

Putting Things Into Perspective (II)..!!

Weekly Market Summary: Even as the market have swung around in drunken gyration, still, Indian equity market has managed to closed the week with solid gains. The global volatility was quite high on the back of possible “trade war” between US and China. The Nifty after...
Putting Things Into Perspective

Putting Things Into Perspective

Weekly Market Recap:  It was truncated week yet choppy and wild; but price stayed within a somewhat ragged range. However, price remained below the 50SMA (50 day simple moving average), and every day volume was a bit above the one-year average of volume and it looks...