Degringolade..!!
Weekly Market Recap Another week of degringolade for the market, means there was quick deterioration or breakdown of circumstance or price. Finally, NIFTY lost 11K mark which looks like a crucial, but not to me, it’s just a figure on the way down and I was expecting...
read morePause or End of Correction..??
Weekly Market Recap In line with my expectation, the pullback on indices continued for a third week in a row, Nifty has fallen vertically from 11700 to 11200 in last eight working days and the last Friday was the only mild positive day during that period. In a week...
read moreMarket Drift Lower Amid Earnings
Weekly Market Recap Well, broader market continued to drift lower this week in line with my expectation as I explained in my previous weekly note. On Friday, we witnessed a biggest one day fall in last nine months and all indices closed almost at the lowest point...
read moreDouble-Top Formation Seems to Have Taking Shape Again
Weekly Market Recap Since last two week I had been writing and expecting for the market to take direction soon, though as per my analysis I was hoping for mild or sharp correction. And this week, I would say market correction was more than the mild if not sharp. In...
read moreMarket Unhappy With the Budget..??
Weekly Market Recap It looks like a lot has happened this week, however, nothing has happened on indices on a weekly basis. In continuation of sideways movement both NIFTY and SENSEX remained oscillated in a limited band this week, except for one day big downside move...
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