Exuberance Still Prevalent
Weekly Market Recap In my last blog, I concluded with the note of caution...! and expected the market to reverse based on given technical configuration. Though, as expected, the week started off with weakness but concluded with exuberance and made it another strong...
read moreBulls Wobbled, Bears Resurgent
Weekly Market Recap In my last weekly note, I expected the market to do well this week especially for few selected individual stocks, although market started-off well, but wobbled soon after and couldn’t hold up the gains. Finally, after having a marvellous more than...
read moreBulls Getting Belligerent
Weekly Market Recap Post sign of reversal last week when NIFTY moved above pivotal short-term moving averages, it was expected for the indices to rise further smoothly. And, in yet another consecutive week, precisely the same happened when market continued to surge...
read moreSign of Reversal or Whipsaw…??
Weekly Market Recap Finally, major indices not only bounced-off from a crucial inflection point but had a splendid rally in a quixotic manner consequently, NIFTY posted a third weekly best gain since it made a bottom in mid-March amidst full of negative news about the...
read moreMasks On- So as the Risk
Weekly Market Recap Amidst government stimuli measures announced last week, and further RBI measures to ease -off liquidity this week by reducing Repo and Reverse Repo rate, market continued to drift lower. The moves are expected to revive an ailing economy hit by the...
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