Weekly Market Recap Last week, I stated that NIFTY formed a sort of ascending triangle and gave a solid breakout followed by next day rally. This week market started-off with cascading fall, consequently eroded all the previous week gain and remained traded at the...

Weekly Market Recap Wow...!! what a stellar and improbable rally we saw this week, market choose the path, which was least expected to follow, but NIFTY bluntly indicated on Wednesday for the next day rally that I will enunciate below. Perhaps, the cause of the rally...

Weekly Market Recap In my last article, I pointed out that market condition seems to be ameliorating based on positive market breadth, developing upside momentum and most importantly markets ability of neglecting negative news. This week, we saw knee-jerk reaction on...

Weekly Market Recap This week there was a tug-of-war between bulls and bears at the vicinity of last week high as NIFTY had a alternative days of gain and loss till Friday, however, bulls emerged as a conquistador at the end, thanks to the RBI for surprising rate cut...

Weekly Market Recap  Finally, major indices broke the seven weeks of losing streak and bounced-off sharply as expected from the low end of the range towards the higher end of the range, in fact closed slightly above the high level attained in the previous week.   In...