Weekly Market Recap As I mentioned last week, indicators on charts were suggesting over-sold condition that could lead to some kind of bounce-off, so as happened this week. In the week gone by, the benchmark SENSEX ended up with a gain of 463 points, or 1.25% at...

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...

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...

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...

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...