Upside Momentum Intact

Upside Momentum Intact

Weekly Market Recap In yet another strong week, indices continued to move higher and signal the end of the correction period or a cyclical bear market that started in October last year from its peak. I think the gain occurred preceding the news of a slight easing of...
Indices Continue to Gain

Indices Continue to Gain

Weekly Market Recap As expected, the bull run in stocks continued to carry on this week, though we saw a sharp knee-jerk reaction on the weekly expiry day on Thursday, however, NIFTY managed to recover and closed near the high point of the week. Growth stocks, in...
Upsurge In Indices Fired Up…!!

Upsurge In Indices Fired Up…!!

Weekly Market Recap Wow…!! What a Week it was! The NIFTY recorded its strongest monthly and weekly gain in the past two years that ended with a bang. The upsurge in stock prices fired up which helped the indices to recoup their last four-month losses. This is...
Bulls Holding the Reins

Bulls Holding the Reins

Weekly Market Recap For the last two weeks, I have been writing that it is quite likely that the market may gain significantly from the then-current level as I found enough evidence to claim that selling absorption at the lower level was one of them. This week, the...
The Bears May Lose their Grip

The Bears May Lose their Grip

Weekly Market Recap It was a sluggish week for the market. NIFTY opened lower on Monday and remained low throughout the week until some recovery came in in the last hours on Friday. Technology which has contributed significantly to the recent decline continued to lead...
Market Continues to Make Progress

Market Continues to Make Progress

Weekly Market Recap Since the NIFTY started off the previous week with the plunge and closed higher, in the follow-through week, the market continued to make progress as the price worked its way higher. Looks like NIFTY gradually setting up the pace for the upside....