Weekly Market Recap It was another wild week for the markets, as the turmoil continued to spread in all areas of the market. After falling below 200-day SMA NIFTY witnessed a torrential fall but somehow managed to bounce from the lower level to close above the crucial...

Weekly Market Recap The market once again wobbled and reversed the bounce that occurred last week as a result stocks and indices are approaching retesting the recent lows. The downside momentum was quite strong as NIFTY lost last week’s gain just in the last two...

Weekly Market Recap After having a false breakout above the falling trend line last week indices witnessed a cascading fall, however, soon after a touching new low below the 200-day SMA, NIFTY seems to have found support and bounced nicely. In the week gone by the...

Weekly Market Recap In my last weekly note, I wrote about the possibility false breakout and this week’s market action veritably approved that. This week started off with selling pressure which only gets intensified in the middle till the end as a result indices...

Weekly Market Recap This week started off on a negative note but reversed sharply thereafter and rise strongly till the mid of the week but by Friday NIFTY gave up half of its gain and closed on a weak note. Still, the gain amid pessimism is decent. In the week gone...