Bears are Back, Indices Fell Below the Support

Bears are Back, Indices Fell Below the Support

Weekly Market Recap The market tumbled this week which was caused by the financials and Adani’s group of stocks. We have witnessed a cascading fall in many weeks that has produced a warning signal in a clamoring fashion. In the week gone by the benchmark SENSEX...
Is the Rising Trend Establishing?

Is the Rising Trend Establishing?

Weekly Market Recap As expected, this week started off on a positive note after bouncing from the support last week. NIFTY has a nice up move till mid-week followed by some corrective action on Friday, overall the week was positive. In this past week, the benchmark...
Support Hold, Bears Dissipates…

Support Hold, Bears Dissipates…

Weekly Market Recap It was a turbulent week for the market as on Monday stocks started off on a strong note and posted a solid one-day gain followed by a sharp reversal on Tuesday and the market continued to drift lower for the rest of the week. However, the recent...
New Year Begins with the Corrective Action

New Year Begins with the Corrective Action

Weekly Market Update The fresh week started off with the corrective action completely in line with my analysis and expectation as I shared my thoughts in the last weekly note. Major indices continued to drift lower throughout this week. No sectors appeared to be...
The Month Concluded with a Bearish Engulfing Candle

The Month Concluded with a Bearish Engulfing Candle

Wish You All a Very Happy and Profitable New year  Weekly Market Recap Bid adieu to 2022. This week brought some relief to the buyer as it ended on a positive note. A decent bounce was witnessed throughout this week though some sharp selling occurred in the final...