Surprisingly, Stellar rally…!!

Surprisingly, Stellar rally…!!

Weekly Market Recap Wow…!! what a stellar and improbable rally we saw this week, market choose the path, which was least expected to follow, but NIFTY bluntly indicated on Wednesday for the next day rally that I will enunciate below. Perhaps, the cause of the...
Ameliorate to Deteriorate…!!

Ameliorate to Deteriorate…!!

Weekly Market Recap In my last article, I pointed out that market condition seems to be ameliorating based on positive market breadth, developing upside momentum and most importantly markets ability of neglecting negative news. This week, we saw knee-jerk reaction on...
Market Conditions Appears to be Ameliorating…!!

Market Conditions Appears to be Ameliorating…!!

Weekly Market Recap This week there was a tug-of-war between bulls and bears at the vicinity of last week high as NIFTY had a alternative days of gain and loss till Friday, however, bulls emerged as a conquistador at the end, thanks to the RBI for surprising rate cut...
Market Bounced-Off Ostentatiously

Market Bounced-Off Ostentatiously

Weekly Market Recap  Finally, major indices broke the seven weeks of losing streak and bounced-off sharply as expected from the low end of the range towards the higher end of the range, in fact closed slightly above the high level attained in the previous week.   In...
Major Indices Drifting toward last week Bottom

Major Indices Drifting toward last week Bottom

Weekly Market Recap  Well…! As I reckoned, markets slipped towards the bottom end of the range that was established last week, though it is ostensibly above from the low. As I wrote, market might have formed the short-term bottom and peak last week and most...
Short-term Bottom and Peak in Place…!!

Short-term Bottom and Peak in Place…!!

Weekly Market Recap  It’s a sixth consecutive weekly loss for the major indices, though its look like market has recovered a lot from the bottom; certainly yes…, but, still weekly closing is in red.   In the week gone be the benchmark SENSEX at least I can say...