Weekly Market Recap In yet another strong week indices continued to scale up to new highs and the rally appears to be unscathed so far. As I mentioned last week, the precipitous move on weekly and monthly looks vulnerable, but on the daily chart, NIFTY still has...

Weekly Market Recap Last week I wrote about the inflection point as there had been a divergence between market breadth and the prices which seems to have resolved to some extent this week and moving higher with the price. That’s one of the points about such...

Weekly Market Recap Finally, we saw a pause after three consecutive weeks of the solid rally. NIFTY rosed lopsided and precipitously 700 points after the breakout occurred above 15900. The week started off higher but closed at the lower end of the range. Moreover,...

Weekly Market Recap The rally continued in the second week as investors remained in a risk-on mode that helped major indices to zoom to a fresh peak. Technology stocks remained buoyant and witnessed robust buying followed by recovery in big financial stocks, while...

Weekly Market Recap In contrast to doldrum last two weeks, the bulls resurrected with a vengeance this week and drive the market to new all-time high. The conditions which appeared to be deteriorated until last week changed rapidly on Monday followed by decisive...