Market Wobbled at Peak..!!

Market Wobbled at Peak..!!

  Weekly Market Recap In yet another volatile week, broader indices kept hovering in the vicinity of previous week closing point, although in net the major indices closed with a marginal loss. In the week gone by, the benchmark SENSEX closed down 240 points...
Market Rallied Precipitously this Week..!!

Market Rallied Precipitously this Week..!!

Weekly Market Recap Last week I stopped with a conclusion that I would remain neutral in my expectation for this week, however, market rallied vertically even without having a pull back of single day this week. As a result major indices ended up with solid gains. In...
Bounce-off, On & Off at Support Line, Amid High Volatility..!!

Bounce-off, On & Off at Support Line, Amid High Volatility..!!

Weekly Market Recap In line with my expectations, NIFTY took a support at horizontal resistance turned into support line as depicted on daily chart in my last blog, not only took a support, but bounce-off sharply and precipitously. Although, amid high volatility it...
Market Losing Ground Even After Having a Back of Government

Market Losing Ground Even After Having a Back of Government

Weekly Market Recap Last week the heading of my blog was “Upside seems to be over, Downside is coming” and the market treated my assessment pretty well, as over all market continued to drift lower from Monday to Friday this week. In the week gone by the benchmark...