Nifty Touch New All-Time High, But..!!
Weekly Market Recap It was truncated week as market had only three trading session, but to me a lot has happened, first NIFTY made a new all-time high at 11856 and then suddenly dropped to get back below the February 2018 high, however, on positive side closing was...
read moreIs Double Top Formation Likely In NIFTY..??
Weekly Marker Recap Last week, I wrote about the possibility of double top on NIFTY and this week we witnessed that NIFTY faced stiff resistance precisely at the same level as can be seen in weekly chart below. Although, whole week NIFTY gyrated near the top with...
read moreNifty Halt at Overhead Resistance
Weekly Market Recap Last week I wrote that I’m neutral on index, but bullish as well as bearish on particular stocks. And this week market more or less behaved in line with my expectation as Nifty kept gyrated at higher levels and there were group of stocks which...
read moreBANKNIFTY Gained 3636 points In a Month..!!
Weekly Market Recap With is this week end, the market concluded a remarkable month which remained one of the best in several months. The precipitous rally was predominantly fuelled by banking stocks and very few selected large caps, but certainly this month belongs to...
read morePause OR Reversal..??
Weekly Market Recap For most of the week market remained bullish except for one day fall on Friday, when on intraday basis Nifty was down more than 100 points from its peak, though it closed down by 64 points. On Friday, we saw a levelling of selling that we haven’t...
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