Sensex Scale Up to new Highs..!!

Weekly Market Recap Last week I wrote that few large cap stocks were showing a sign of breakout that could lead the Indices (Nifty and Sensex) to their previous high, so as that happened this week on the back of strong rally especially in RELIANCE, HDFC, HDFCBANK, TCS...

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Markets Indecisive Before Earnings

Weekly Market Recap Nothing much has happened this week except that the sign of distribution appeared to be likely scenario last week seems to be diminish but not eventuated completely, the session on Friday proved that when Nifty in last trading hour off their highs...

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Distribution Appears To Be Likely Scenario..!!

Weekly Market Summary In my previous blog, I had mentioned that the implication of receding narrow trading range on Nifty could turn out be either sharp breakout or breakdown, so as this week market started off with breakdown and selling intensified until Thursday,...

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Accumulation or Distribution (ii)..??

Weekly Market Recap We saw another volatile week with bears and bulls showing equal prowess to dominate the street, consequently nothing much has happened with the benchmark indices Nifty and Sensex, although Banknifty outperform the major indices. The BSE Sensex...

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Accumulation or Distribution..??

Weekly Market Recap This week was expected to begin with gain in the continuation of last two days rally in previous week. In spite of strong opening this week, Indices couldn’t manage to hold on to their early gain; In fact we saw modest pull back on Thursday and...

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