Weekly Market Recap The benchmark Indices Nifty and Sensex made new this week, exceeding the record set last week. Nifty spent the truncated week marking marginal highs and continued to consolidate at higher levels. Sensex ended the week 303 points or .80% higher,...

Weekly Market Recap In my previous weekly note, I had said that we may see a nice pull back this week based on last week technical pattern. Much on the expected lines, the market started off the week with pull back on Monday and had alternative days of gain and loss;...

Weekly Market Recap Few weeks ago, I wrote that based on weekly chart price action, market (Indices) may go further up, so as indices (Nifty and Sensex) traded much on the expected line up to this week. The Sensex ended the week with a gain of 313 points, or .83% to...

Weekly Market Recap This week market set-up remained buoyant and indices scaled-up to new high. Despite, over-valued on long-term average earning multiple, market doesn’t seem to be stopped here. Although, on Thursday Nifty corrected more than 100 points and closed at...

Weekly Market Summary Two weeks ago I wrote, major Indices Nifty and Sensex looking overstretched on daily chart, but has more room on weekly charts. This week Indices continued to scale up to new highs. The reward and punishment remained the highlight of the week...