May 29, 2022 | Strategy
Weekly Market Recap Last week, I wrote about diminishing downside momentum and the possibility of double-bottom formation, and this week we saw NIFTY gradually pullback towards the lower end of the range only to recover sharply to the highest point of the last two...
May 22, 2022 | Strategy
Weekly Market Recap In my last weekly note, I mentioned possible double-bottom formation on the daily chart as sentiment and indicators have reached the meaningful bottoms. This week’s price behaved mostly in line with my expectation; NIFTY bounced off...
May 15, 2022 | Strategy
Weekly Market Recap It was quite a volatile week where indices mostly have a positive opening but couldn’t sustain till the end of the day and continued to slide until the last day of the week. It was the fifth consecutive down week on NIFTY since the third phase of...
May 8, 2022 | Strategy
Weekly Market Recap For the past few weeks, I have alerted…! my sincere readers and clients that something untoward and perplexing is happening in the market which is not propitious for the bulls and investors should try to exit at higher levels. Looks like my...
May 1, 2022 | Strategy
Weekly Market Recap Volatility continued to rule the market as there were alternate days of advance and decline on indices. It appeared like a lot has happened but the net change on indices is almost insignificant. Although, the moves on both sides were quite sharp....
