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...

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Nifty 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...

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Market 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...

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Last 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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