Oct 25, 2020 | Strategy
Weekly Market Recap After a knee-jerk and roller-coaster ride last week, market tried to stabilize at higher level this week. There was an alternative days of gains and losses, however, NIFTY managed to post a descent gain. Even though there was a minor sign of loss...
Oct 18, 2020 | Strategy
Weekly Market Recap It was quite a week for the market. Nifty had a rollercoaster ride; in a same day it crossed above 12000 mark and fell back to below 11700 and posted a biggest one day fall in last two months. It happened on weekly F&O expiry day Thursday,...
Oct 11, 2020 | Strategy
Weekly Market Recap In my last note, I pointed about the plausible overhead resistance red horizontal line on the chart and presumed the cup is half full unless NIFTY break above that crucial resistance as the same zone has acted as a major support in the past. This...
Oct 4, 2020 | Strategy
Weekly Market Recap The bounce off this week was as sharp as the correction occurred last week, however, NIFTY still has to recover few more points to recoup the last week loss. Nevertheless, it was a decent rally NIFTY broke out above the 50-day SMA and closed the...
