Indices Reach to its Previous High

Indices Reach to its Previous High

Weekly Market Recap The market continued to rally for the third straight week and remained buoyant before the earning season start in full fledge. However, major IT stocks have posted a mixed set of earnings, more or less in line with the expectation, so the stocks...
Breakout, Follow-Through & A Pause

Breakout, Follow-Through & A Pause

Weekly Market Recap Last week, I mentioned the market closed on a positive note and the technical picture appeared better unlike the past few weeks; consequently, we saw a decisive breakout and a strong follow through this week. Although, there was a sharp setback on...
The week and the Year Ended Higher

The week and the Year Ended Higher

Happy New Year to Everyone…! Weekly Market Recap Finally, the market ended the week and year on a positive note. Though NIFTY has recovered sharply from its recent low of last week yet down significantly from its all-time high made in October, nevertheless,...
Torrential Fall, Decent Recovery

Torrential Fall, Decent Recovery

Weekly Market Recap Precisely in line with my expectation and analysis market plunged vehemently on Monday and made a significant low. However, the rest of the week was spent to recoup the losses and somehow major indices managed to recover all the losses which is...
Market Reversed from a Pivot Point

Market Reversed from a Pivot Point

Weekly Market Recap Last week, I talked about pivot level, particularly on NIFTY. And, this week NIFTY got reversed precisely from that level although the market opened higher on Monday but couldn’t sustain and shed all its last week gain. Not to mention, it became a...
Indices Reach a Pivotal Point

Indices Reach a Pivotal Point

Weekly Market Recap It was a weak opening for the market, on Monday indices plunged to the lower end of the range of the last two weeks but bounced off sharply thereafter to reach the higher end of the range. It was the big weekly swing for the indices from the lower...