Weekly Market Recap Market once again changed its course of direction quite frequently, until last penultimate week I was expecting the market to accelerate its rally, however, last week it left an impression of reversal when NIFTY broke down below its crucial support...

Weekly Market Recap Market turned around and became weak this week and corrected up to the major support level. The heavy weights in particular weigh down the market that eventually made NIFTY to fall to the lowest level in a month. In the week gone by the benchmark...

Weekly Market Recap After a knee-jerk and roller-coaster ride last week, market tried to stabilize at higher level this week. There was an alternative days of gains and losses, however, NIFTY managed to post a descent gain. Even though there was a minor sign of loss...

Weekly Market Recap It was quite a week for the market. Nifty had a rollercoaster ride; in a same day it crossed above 12000 mark and fell back to below 11700 and posted a biggest one day fall in last two months. It happened on weekly F&O expiry day Thursday,...

Weekly Market Recap In my last note, I pointed about the plausible overhead resistance red horizontal line on the chart and presumed the cup is half full unless NIFTY break above that crucial resistance as the same zone has acted as a major support in the past. This...