Indices Plunged to Crucial Level
Weekly Market Recap Last week, I wrote that the bearish setup is making progress and given the voracity of decline and weakness looming across the sectors, it is quite likely that NIFTY may lose the support of the previous low and it’s time to reengage the shorts....
read moreWeakness Looming Across the Sectors
Weekly Market Recap As expected, this week started off with muted action followed by some gain on Tuesday but reversed sharply thereafter and remained low throughout the week. I found, weakness looming across the sectors along with prices drifting lower which has...
read moreMarkets Remains Sideways to Choppy
Weekly Market Recap The market underwent the consolidation phase for the second week in a row, though the week started off with a sharp pullback as expected towards the level from where the lopsided rally began in early September to an all-time high, however; indices...
read moreSetup Indicating Significant Pullback
Weekly Market Recap It was a muted week for the market after having a torrential fall in the past week which was followed by a stupendous rise. We have been experiencing a quite volatile market for the past three weeks, but that is not too surprising given the way...
read moreIndices Hit a New Milestone
Weekly Market Recap This past week has been quite exceptional for the market as NIFTY achieved a new milestone of crossing above 20K mark and comfortably sustained above that. Despite mixed global clues, Indian markets outperformed their global peers by a wide margin...
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