Pause or End of Correction..??

Pause or End of Correction..??

Weekly Market Recap In line with my expectation, the pullback on indices continued for a third week in a row, Nifty has fallen vertically from 11700 to 11200 in last eight working days and the last Friday was the only mild positive day during that period. In a week...
Market Drift Lower Amid Earnings

Market Drift Lower Amid Earnings

Weekly Market Recap Well, broader market continued to drift lower this week in line with my expectation as I explained in my previous weekly note.  On Friday, we witnessed a biggest one day fall in last nine months and all indices closed almost at the lowest point...
Double-Top Formation Seems to Have Taking Shape Again

Double-Top Formation Seems to Have Taking Shape Again

Weekly Market Recap Since last two week I had been writing and expecting for the market to take direction soon, though as per my analysis I was hoping for mild or sharp correction. And this week, I would say market correction was more than the mild if not sharp. In...
Market Unhappy With the Budget..??

Market Unhappy With the Budget..??

Weekly Market Recap It looks like a lot has happened this week, however, nothing has happened on indices on a weekly basis. In continuation of sideways movement both NIFTY and SENSEX remained oscillated in a limited band this week, except for one day big downside move...