Putting Things Into Perspective
Weekly Market Recap: It was truncated week yet choppy and wild; but price stayed within a somewhat ragged range. However, price remained below the 50SMA (50 day simple moving average), and every day volume was a bit above the one-year average of volume and it looks...
read moreNifty Plummeted below 10K Mark
Weekly Market Summary: Finally, Nifty plummeted below horizontal support and psychological crucial mark 10K on Friday and Sensex slipped below 33k. I would say, Indian market were trading lower or had shown the sign of weakness early in the week, well before global...
read moreMarket Moves Up And Down..!!
Weekly Market Recap: Week started off on a strong note as Nifty on Monday surged whopping 194 points and remains hovered at that level for next two days, however, rally fizzled out as the week progress and finally market closed the week in negative territory. The...
read moreMarket breaks key support level, but bounce off sharply from lows
Weekly Market Summary: It was not the good start for the market this week, as the broader market tumbled tumultuously for first three days of the week, consequently, benchmark index Nifty, lost the short term key support level of early February low of 10276, which led...
read moreLast Week Bounce Dissipated
Weekly Market Recap: As expected, market this week started off with the follow through from last Friday technical bounce from near early February low, however, that bounce appeared to have dissipated as the week progress. Despite, showing a good set of monthly sales...
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