Market Rattled & Tumbled

Market Rattled & Tumbled

Weekly Market Recap Last week, I mentioned that market participation is getting weaker, and I wouldn’t be surprised if we see a level of 15800 on NIFTY. This week market started off with a nasty decline followed by some relieved action till Thursday only to rattle and...
Market Participation is Getting Weaker

Market Participation is Getting Weaker

Weekly Market Recap After having a sideways to upward movement in the past two weeks NIFTY has turned upside down that resulting into renounced its last week’s gain. Though, NIFTY started the week on a positive note on Monday, but couldn’t sustain and continued...
Market Swing Wildly, But Higher

Market Swing Wildly, But Higher

Weekly Market Recap It was quite a volatile week for the market. After a truncated last week, NIFTY started off strongly on a positive note, but the upside momentum got reversed the next day and NIFTY continued to slip till Thursday. However, the sharp rebound...
Will the Market be Able to Hold the Support?

Will the Market be Able to Hold the Support?

Weekly Market Recap In this truncated week, NIFTY continued to hover at the support zone (green line) which is 50-day SMA (simple moving average) as we can see in the chart below. As I have mentioned earlier, this has been the solid support zone for the NIFTY in the...