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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Santa Claus Rally Arrived Just on Time…!!

Weekly Market Recap  Last week, I wrote and expected that NIFTY may not only touch new high but can also sustain provided the technical configuration we had last week. This week, Santa Claus arrived and took the market to all time new highs in line with my...

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NIFTY Made Another Attempt Towards Fresh High

Weekly Market Recap Last week, we saw false break-out above the previous peak as a result I was expecting this week closing to be lower than previous week, however, although, this week started off lower in line with my expectation, but trend got reversed abruptly in...

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Market Wobbled and Jittery at Peak…!!

Weekly Market Recap  Until the last week, major indices had been quite resilient and refused for even a minor pull-back since the recent rally launched off in early October, however, I have been saying persistently to wait patiently for the pull-back based on market...

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Break-Out on NIFTY Couldn’t Sustain, But Impressive..!!

Weekly Market Recap  The market this week has mostly been straight up since Monday till Thursday which I didn’t expect, as a result NIFTY touched a fresh all-time high at 12158, however, the break-out couldn’t sustain more than a day, eventually on Friday market got...

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