Bulls Wobbled, Bears Resurgent

Bulls Wobbled, Bears Resurgent

Weekly Market Recap In my last weekly note, I expected the market to do well this week especially for few selected individual stocks, although market started-off well, but wobbled soon after and couldn’t hold up the gains. Finally, after having a marvellous more than...
Bulls Getting Belligerent

Bulls Getting Belligerent

Weekly Market Recap Post sign of reversal last week when NIFTY moved above pivotal short-term moving averages, it was expected for the indices to rise further smoothly. And, in yet another consecutive week, precisely the same happened when market continued to surge...
Sign of Reversal or Whipsaw…??

Sign of Reversal or Whipsaw…??

Weekly Market Recap Finally, major indices not only bounced-off from a crucial inflection point but had a splendid rally in a quixotic manner consequently, NIFTY posted a third weekly best gain since it made a bottom in mid-March amidst full of negative news about the...
Masks On- So as the Risk

Masks On- So as the Risk

Weekly Market Recap Amidst government stimuli measures announced last week, and further RBI measures to ease -off liquidity this week by reducing Repo and Reverse Repo rate, market continued to drift lower. The moves are expected to revive an ailing economy hit by the...
Govt Stimuli Measures Fail to Impress the Market

Govt Stimuli Measures Fail to Impress the Market

Weekly Market Recap Amid gloomy start this week, markets made an attempt to cheer-up over the extent of relief package announced by the government, however, the stimuli measures could not bait the market longer except for one day spike and eventually erased all the...
Easy to Buy, Harder to Sell

Easy to Buy, Harder to Sell

Weekly Market Recap Last week, I stated that NIFTY formed a sort of ascending triangle and gave a solid breakout followed by next day rally. This week market started-off with cascading fall, consequently eroded all the previous week gain and remained traded at the...