Market Reversed from a Pivot Point

Weekly Market Recap Last week, I talked about pivot level, particularly on NIFTY. And, this week NIFTY got reversed precisely from that level although the market opened higher on Monday but couldn’t sustain and shed all its last week gain. Not to mention, it became a...

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Indices Reach a Pivotal Point

Weekly Market Recap It was a weak opening for the market, on Monday indices plunged to the lower end of the range of the last two weeks but bounced off sharply thereafter to reach the higher end of the range. It was the big weekly swing for the indices from the lower...

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Market Remains Hobble and Wobble

Weekly Market Recap In the continuation of last week's selling pressure, the week started off with fresh selling on Monday but soon managed to recover and hovered in the vicinity of last week's lows for a couple of days. And as expected some sort of relief rally came...

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Market Rattled & Tumbled

Weekly Market Recap Last week, I mentioned that market participation is getting weaker, and I wouldn’t be surprised if we see a level of 15800 on NIFTY. This week market started off with a nasty decline followed by some relieved action till Thursday only to rattle and...

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Market Participation is Getting Weaker

Weekly Market Recap After having a sideways to upward movement in the past two weeks NIFTY has turned upside down that resulting into renounced its last week's gain. Though, NIFTY started the week on a positive note on Monday, but couldn’t sustain and continued to...

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