Indices Resume Downtrend

Indices Resume Downtrend

Weekly Market Recap After having a mild recovery in the early week, the indices and stocks price resumed their downtrend to post the lowest weekly closing in six months. Although decent recovery was being witnessed among heavyweights, it was fragile which got vanished...
Long-Term Signal Turn Bearish

Long-Term Signal Turn Bearish

Weekly Market Recap It was another wild week for the markets, as the turmoil continued to spread in all areas of the market. After falling below 200-day SMA NIFTY witnessed a torrential fall but somehow managed to bounce from the lower level to close above the crucial...
Stocks and Indices Retesting the Lows

Stocks and Indices Retesting the Lows

Weekly Market Recap The market once again wobbled and reversed the bounce that occurred last week as a result stocks and indices are approaching retesting the recent lows. The downside momentum was quite strong as NIFTY lost last week’s gain just in the last two...
Indices Rebound After Hitting a Critical Juncture

Indices Rebound After Hitting a Critical Juncture

Weekly Market Recap After having a false breakout above the falling trend line last week indices witnessed a cascading fall, however, soon after a touching new low below the 200-day SMA, NIFTY seems to have found support and bounced nicely. In the week gone by the...