Highly Volatile, Yet Indecisive Week

Highly Volatile, Yet Indecisive Week

Weekly Market Summary This week looks like a lot has happened, but nothing has happened with Indices, market or Nifty started off with negative biased as I expected and selling intensified during mid of the week, however, buying interest returned at lower levels and...
Market Breadth Apprises Impediment Ahead.

Market Breadth Apprises Impediment Ahead.

Weekly Market Summary: For the last weeks, I have been writing that markets are moving higher opposite to my expectation; however, I didn’t give up the idea of impending correction or a pull back of, at least to some extent. Market might have taken an excuse of...
Nifty is Heading Higher, but where is love..!!

Nifty is Heading Higher, but where is love..!!

Weekly Market Recap: In my previous blog, I had talked about possible downfall after having a failed breakout above 10620 zone, and this week until Thursday, market or Nifty50 saw fierce consolidation with in previous week range, however, on the last trading day of...
Break Out on Nifty Appears to be Failed..!!

Break Out on Nifty Appears to be Failed..!!

Weekly Market Recap: As the earning season progressed, market appeared to have lost upside momentum since post break out last week, thus lost it six week long winning streak and post its first weekly loss in six weeks. Selling is being witnessed among all the major...