Weekly Market Recap Last week, based on combined applied analysis on daily and weekly chart I concluded that NIFTY likely to trade sideways with negative biased. And, this week market continued to trade negatively, in fact fell lickety-split in last two days, but once...

Weekly Market Recap The tussle between demand and supply continues having supply being active and dominating at higher level. This week action was in line with previous week where buyers seem to be gung-ho under 15K on NIFTY, while seller seems to be more dominating...

Weekly Market Recap It was quite a volatile week for the market. Both NIFTY and SENSEX bounced off sharply from last week low, at one point they recouped almost all its losses before shed half of their gains in last two days. Nevertheless, its was a descent recovery...

Weekly Market Recap Last week, I wrote about the possibility of having simple or complex correction and concluded that it is most likely we are going to have complex correction means tantalising sharp rallies will keep coming to entice the retail investor so that big...

Weekly Market Recap Last week, I wrote about the possibility of good warning sign demonstrated by the indicators (RSI and MACD) which I explained in brief that they were not moving further up in tandem with the price (NIFTY) and in most of the cases this configuration...