Aug 25, 2019 | Strategy
Weekly Market Recap This week, I was expecting the range bound scenario for the market (indices), however, on Thursday Nifty closed down below the last week’s low, further, on Friday price gapped down and plunged sharply, but that ended soon, thanks to the government...
Aug 18, 2019 | Strategy
Weekly Market Recap Last week, I wrote, we may see arrange bound action this week in between high and low of last week, and this week price action was mostly in line with my expectation. After having a roller-coaster ride, indices closed with a net change of less than...
Aug 11, 2019 | Strategy
Weekly Market Recap As I mentioned last week, indicators on charts were suggesting over-sold condition that could lead to some kind of bounce-off, so as happened this week. In the week gone by, the benchmark SENSEX ended up with a gain of 463 points, or 1.25% at...
Aug 4, 2019 | Strategy
Weekly Market Recap Another week of degringolade for the market, means there was quick deterioration or breakdown of circumstance or price. Finally, NIFTY lost 11K mark which looks like a crucial, but not to me, it’s just a figure on the way down and I was expecting...
Jul 28, 2019 | Strategy
Weekly Market Recap In line with my expectation, the pullback on indices continued for a third week in a row, Nifty has fallen vertically from 11700 to 11200 in last eight working days and the last Friday was the only mild positive day during that period. In a week...
Jul 21, 2019 | Strategy
Weekly Market Recap Well, broader market continued to drift lower this week in line with my expectation as I explained in my previous weekly note. On Friday, we witnessed a biggest one day fall in last nine months and all indices closed almost at the lowest point...
