Still in a Range But Warning Appears

Weekly Market Recap NIFTY which has been in the 300 points range for about two months spent one more week in that range, but this week warning appeared as NIFTY second time penetrated below that range though it recovered quickly from the low to conclude the week in...

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Sharp Drop Followed by Descent Recovery

Weekly Market Recap Last week I concluded with a caution note; this week precisely started off in line with my analysis and expectation when NIFTY fell sharply on Monday and Tuesday. However, NIFTY once again found good support at the lower end of the range and...

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An Attempt to Breakout, But Still at Critical Juncture

Weekly Market Recap NIFTY attempted to break-out above the one-month trading zone, but the breakout wasn’t invigorate enough to produce the rally of some magnitude that resulted into a sort of false breakout as we can see in the chart below. While technology stocks...

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Markets at Critical Juncture

Weekly Market Recap In yet another undecisive week, market remined sideways in a narrow range. Though some sort of correction action was being witnesses but that correction was completely restrained up to the lower end of the range without doing the technical damage...

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At the Edge of Chaos…!!

Weekly Market Recap It was quite a low-pitched week for the market. Though major indices gradually remained drifted lower through-out the week, but the net fall is not over a percentage. Despite, there were group of stocks that continued to rise to new highs but on...

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