Jan 30, 2022 | Strategy
Weekly Market Recap Last week, I mentioned that on the long-term weekly chart NIFTY has broken the support of a rising trend line whose implication is the pullback of some magnitude is quite possible. And this week we have witnessed a sharp pullback towards the...
Jan 23, 2022 | Strategy
Weekly Market Recap It was quite a week for the market. Though the week started off on a positive note on Monday and suddenly turned around sharply the next day and continued to fall throughout the week; consequently, the major indices have given up their last...
Jan 16, 2022 | Strategy
Weekly Market Recap The market continued to rally for the third straight week and remained buoyant before the earning season start in full fledge. However, major IT stocks have posted a mixed set of earnings, more or less in line with the expectation, so the stocks...
Jan 9, 2022 | Strategy
Weekly Market Recap Last week, I mentioned the market closed on a positive note and the technical picture appeared better unlike the past few weeks; consequently, we saw a decisive breakout and a strong follow through this week. Although, there was a sharp setback on...
Jan 2, 2022 | Strategy
Happy New Year to Everyone…! Weekly Market Recap Finally, the market ended the week and year on a positive note. Though NIFTY has recovered sharply from its recent low of last week yet down significantly from its all-time high made in October, nevertheless,...
