Last week, we have seen the classic example of false breakout which was followed by sharp reversal; and the reversal continued into this week as well only to become more incisive. Bears that have unsurfaced themselves at higher levels extend their grip, as a result,...

Weekly Market Recap In yet another volatile week markets had a wild swing from a false breakout above the channel to a sharp pull back into the channel. Almost all the heavyweights in NIFTY got reversed from key levels; especially technology which showed signs of...

Weekly Market Recap After having a roller-coaster ride in the last couple of weeks, NIFTY made another attempt to break above the one-year-long trading channel, however, once again the rally stalled precisely at the top end of the channel. But the market ended the...

Weekly Market Recap Volatility continued to rule the market amid a tug-of-war between buyer and seller. In yet another quite volatile week, indices had an exceptionally wild swing where both buyer and seller continued to resist, however, the net effective change was...

Weekly Market Recap It was quite a week for the market. There was a bull/bear battle every day since the NIFTY faced an occlusion and stalled last week. This week, the market dropped Monday and Thursday, creating a weekly down candle to follow last week's stall....