Weekly Market Recap Last week, I wrote that “false breakout often followed by above-average price trend in the opposite direction of the original signal”.  And as I expected, the market (Sensex and Nifty) started off in negative territory on Monday and continued to...

Weekly Market Recap This week, market (Sensex and Nifty) started off on a positive note and Nifty gave a solid and crucial break-out above over-head resistance at 11000 (about which I have been writing for quite some time), however, break-out couldn’t sustain for more...

Weekly Market Recap As expected, market remained volatile throughout the week on the back of interim union budget. On Monday, market opened on negative note and hovered near the lower range for next two days with slight up move, but with negative biased; however,...

Weekly Market Recap This week, market started off on a positive note on Monday, but continued to drift lower for rest of the week in line with my expectation amid Q3 earning outcomes. Although, we saw some recovery on Friday first-half and looked like we could recoup...

Weekly Market Recap This week, market started off with red sign on Monday, followed by nice rally on Tuesday that recouped not only the losses but convert them into descent gain; however, thereafter, market remained oscillated in a narrow range for rest of the week...