Torrential Fall, Decent Recovery

Torrential Fall, Decent Recovery

Weekly Market Recap Precisely in line with my expectation and analysis market plunged vehemently on Monday and made a significant low. However, the rest of the week was spent to recoup the losses and somehow major indices managed to recover all the losses which is...
Market Reversed from a Pivot Point

Market Reversed from a Pivot Point

Weekly Market Recap Last week, I talked about pivot level, particularly on NIFTY. And, this week NIFTY got reversed precisely from that level although the market opened higher on Monday but couldn’t sustain and shed all its last week gain. Not to mention, it became a...
Indices Reach a Pivotal Point

Indices Reach a Pivotal Point

Weekly Market Recap It was a weak opening for the market, on Monday indices plunged to the lower end of the range of the last two weeks but bounced off sharply thereafter to reach the higher end of the range. It was the big weekly swing for the indices from the lower...
Market Remains Hobble and Wobble

Market Remains Hobble and Wobble

Weekly Market Recap In the continuation of last week’s selling pressure, the week started off with fresh selling on Monday but soon managed to recover and hovered in the vicinity of last week’s lows for a couple of days. And as expected some sort of relief...