Market Bounced-Off Ostentatiously
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...
read moreMajor Indices Drifting toward last week Bottom
Weekly Market Recap Well...! As I reckoned, markets slipped towards the bottom end of the range that was established last week, though it is ostensibly above from the low. As I wrote, market might have formed the short-term bottom and peak last week and most likely...
read moreShort-term Bottom and Peak in Place…!!
Weekly Market Recap It’s a sixth consecutive weekly loss for the major indices, though its look like market has recovered a lot from the bottom; certainly yes..., but, still weekly closing is in red. In the week gone be the benchmark SENSEX at least I can say after...
read moreNIFTY Entered In 2014 and Signals Lower Levels…!!
Weekly Market Recap Markets dived, ended the worst consecutive second week in the history of the stocks market as NIFTY entered in the year of 2014 amid dire warnings about the economic effects of the coronavirus pandemic as governments stepped up efforts to keep...
read moreAnguish Overdone…? But VIX Tells Something Else…!!
Weekly Market Recap Last week my blog heading was “Is Selling Over? Perhaps, Not Yet...!!” and the market fully respected my view and continued to slide further. In fact, Friday was the historical day when trading halted immediately after the opening when major...
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