Indices are Way Overvalued..(ii)

Weekly Market Recap  It looks like the market took my warning gravely, thus acted precisely in line with my expectation. The week started off with a sharp fall in stock prices specially the heavy weights that resulted into plunge in indices, though we saw a mild...

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Indices are Way Over-Valued…!!

Weekly Market Recap This week started off with a fresh breakout for the major indices amid corporate earnings, though the gain was limited only for two days as rest of the week there was no change in the price on NIFTY. However, two days gain was sufficient to mark a...

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Market Continues to Act “Choppy & Toppy”

Weekly Market Recap  It was exceptionally choppy week for the market when indices oscillated around 5%, but the net result is almost flat on weekly basis. Market plunged in the first half of the week in line with my expectation on the back of US-Iran tension, however,...

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Everything Old is New Again in New Year…!!

Weekly Market Recap It was kind of a choppy first year of the new year, but the net change for the week was almost flat and the range was also less than one percent. A surge towards the new high on Thursday was followed by some selling on Friday, though the market...

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Indices Ebb Off their Highs, But Recovered Soon

Weekly Market Recap  Last week, I expressed my concern about the sustainability of angle of escalation on NIFTY since September 2019 low. And, NIFTY seems to have taken my concern seriously, as a result this week NIFTY ebb off it’s high a bit sharply, however, it got...

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