Sign of Reversal or Whipsaw…??

Sign of Reversal or Whipsaw…??

Weekly Market Recap Finally, major indices not only bounced-off from a crucial inflection point but had a splendid rally in a quixotic manner consequently, NIFTY posted a third weekly best gain since it made a bottom in mid-March amidst full of negative news about the...
Masks On- So as the Risk

Masks On- So as the Risk

Weekly Market Recap Amidst government stimuli measures announced last week, and further RBI measures to ease -off liquidity this week by reducing Repo and Reverse Repo rate, market continued to drift lower. The moves are expected to revive an ailing economy hit by the...
Govt Stimuli Measures Fail to Impress the Market

Govt Stimuli Measures Fail to Impress the Market

Weekly Market Recap Amid gloomy start this week, markets made an attempt to cheer-up over the extent of relief package announced by the government, however, the stimuli measures could not bait the market longer except for one day spike and eventually erased all the...
Easy to Buy, Harder to Sell

Easy to Buy, Harder to Sell

Weekly Market Recap Last week, I stated that NIFTY formed a sort of ascending triangle and gave a solid breakout followed by next day rally. This week market started-off with cascading fall, consequently eroded all the previous week gain and remained traded at the...
Surprisingly, Stellar rally…!!

Surprisingly, Stellar rally…!!

Weekly Market Recap Wow…!! what a stellar and improbable rally we saw this week, market choose the path, which was least expected to follow, but NIFTY bluntly indicated on Wednesday for the next day rally that I will enunciate below. Perhaps, the cause of the...