May 16, 2021 | Strategy
Weekly Market Recap The upside momentum accelerated last week seems to have deteriorated as NIFTY skid back into the falling channel after making a serious attempt last week. It was the third breakout attempt by the NIFTY since this channel has been in play for quite...
May 8, 2021 | Strategy
Weekly Market Recap This week started off with gap down opening as expected based on the last week technical implication but soon managed to recoup all the losses and shrugged off negativity caused by COVID-19. Overall, it was the good week specially for most of the...
May 2, 2021 | Strategy
Weekly Market Recap As I wrote, until last week market didn’t fall in line with prevailing highly negative sentiments caused by surmounted COVID-19 related deaths on daily basis, in fact market was quite resilient and absorbed the negativity while holding the major...
Apr 24, 2021 | Strategy
Weekly Market Recap In yet another down week, indices continued to drift lower amid so much negativity and fatality caused by COVID-19. Unequivocally, the environment is not propitious, nevertheless major indices managed to restrain the downfall to some extent. The...
Apr 18, 2021 | Strategy
Weekly Market Recap In yet another corrective week market continued to drift lower, but the closing is not as bad as it could be. This week price action is quite similar to last week action where NIFTY plunged on Monday and rest of the week is being spent to recoup...
Apr 10, 2021 | Strategy
Weekly Market Recap As expected, sideways action on indices continued this week. On Monday, market plunged over 2%, perhaps on the back of rising Covid cases and rest of the week spent to recoup that loss. Nevertheless, amid roller-coaster ride industrial and metal...
