Dec 25, 2023 | Strategy
Weekly Market Recap We have witnessed an ostentatious yet stupendous rally in the past few weeks which has led to the climactic surge early this week that was followed by a sharp reaction in the opposite direction as a result NIFTY posted a first weekly negative...
Dec 3, 2023 | Strategy
Weekly Market Recap It has been quite a strong week for the market as NIFTY has reached an all-time high level. After consolidating in a narrow range under the resistance in the previous week, the market began with a strong opening on Tuesday, followed by a strenuous...
Nov 26, 2023 | Strategy
Weekly Market Recap In the past month, we have seen a meaningful rally from the October low, and the NIFTY crossed the first major resistance (blue horizontal line) last week which I expected to happen as I mentioned in my last blog. This week, indices remained...
Nov 12, 2023 | Strategy
Happy Diwali to All Weekly Market Recap Last week, indices rallied considerably well from the key support level, and with that push the NIFTY rallied to the key resistance level. And NIFTY kept hovering around the resistance throughout this week in a narrow range. In...
Oct 28, 2023 | Strategy
Weekly Market Recap Last week, I wrote that the bearish setup is making progress and given the voracity of decline and weakness looming across the sectors, it is quite likely that NIFTY may lose the support of the previous low and it’s time to reengage the shorts....
Oct 21, 2023 | Strategy
Weekly Market Recap As expected, this week started off with muted action followed by some gain on Tuesday but reversed sharply thereafter and remained low throughout the week. I found, weakness looming across the sectors along with prices drifting lower which has...
