Jul 28, 2018 | Strategy
Weekly Market Summary Two weeks ago I wrote, major Indices Nifty and Sensex looking overstretched on daily chart, but has more room on weekly charts. This week Indices continued to scale up to new highs. The reward and punishment remained the highlight of the week...
Jul 22, 2018 | Strategy
Weekly Market Recap The Q1 earning season is in full bloom with major corporate earnings announcements flowing. As expected, the companies that came up short of expectation were punished while those that met or beaten expectations are rewarded, which is the way it...
Jul 15, 2018 | Strategy
Weekly Market Recap Last week I wrote that few large cap stocks were showing a sign of breakout that could lead the Indices (Nifty and Sensex) to their previous high, so as that happened this week on the back of strong rally especially in RELIANCE, HDFC, HDFCBANK, TCS...
Jul 8, 2018 | Strategy
Weekly Market Recap Nothing much has happened this week except that the sign of distribution appeared to be likely scenario last week seems to be diminish but not eventuated completely, the session on Friday proved that when Nifty in last trading hour off their highs...
Jul 1, 2018 | Strategy
Weekly Market Summary In my previous blog, I had mentioned that the implication of receding narrow trading range on Nifty could turn out be either sharp breakout or breakdown, so as this week market started off with breakdown and selling intensified until Thursday,...
