Market Regained, But Double Top Formation Still in Play

Weekly Market Recap In my last week message, I was cautioned and stated that NIFTY looked like to have formed a double-top formation which suggested at least some sort of pull back is coming, but it didn’t happen, in fact, market recouped last week loss in an...

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Market Wobbled, Double Top Formation Likely

Happy Independence Day...!! Weekly Market Recap It was quite a standoffish week for the market till Thursday with an alternate days of minor gain and loss, but having dispositioned slightly upward, since substantial move came in on Friday that made the weekly closing...

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Pull Back Followed by Sharp Recovery

Weekly Market Recap It’s been quite a week for the market, where as expected from last week clue, Monday started off with sharp pull back only to close at the low, however, sharper recovery was seen on Tuesday that hasn’t only recoup the Monday’s loss but ended with...

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Sign of Reversal or Just a Pause…??

Sign of Reversal or Just a Pause...?? Weekly Market Recap Finally, NIFTY broke the seven-week winning streak this week, the blow-off kind of rally which started off at 9000 level once paused at 10250 and now at 11300, had a remarkable vertical run since then. Though,...

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Market Posted Another Strong Week

Weekly Market Recap In line with my expectation, market posted yet another strong week in which major indices continued to rally towards its previous high. NIFTY fell more than 40% in March is only 10% down from its all-time high of 12400 which is quite surprising and...

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