Mar 11, 2023 | Strategy
Weekly Market Recap The market once again wobbled and reversed the bounce that occurred last week as a result stocks and indices are approaching retesting the recent lows. The downside momentum was quite strong as NIFTY lost last week’s gain just in the last two...
Mar 5, 2023 | Strategy
Weekly Market Recap After having a false breakout above the falling trend line last week indices witnessed a cascading fall, however, soon after a touching new low below the 200-day SMA, NIFTY seems to have found support and bounced nicely. In the week gone by the...
Feb 25, 2023 | Strategy
Weekly Market Recap In my last weekly note, I wrote about the possibility false breakout and this week’s market action veritably approved that. This week started off with selling pressure which only gets intensified in the middle till the end as a result indices...
Feb 19, 2023 | Strategy
Weekly Market Recap This week started off on a negative note but reversed sharply thereafter and rise strongly till the mid of the week but by Friday NIFTY gave up half of its gain and closed on a weak note. Still, the gain amid pessimism is decent. In the week gone...
Feb 12, 2023 | Strategy
Weekly Market Recap After having quite volatile sessions in past two weeks the market exhibited a muted response this week along with a significant decline in volatility. Although the week started off with some pull back but remained in a narrow range and finished in...
Feb 5, 2023 | Strategy
Weekly Market Recap It was quite a volatile week for the market as it had a perfect roller-coaster ride with alternate days of rise and fall; having wild swings between the support and resistance which eventually ended up with a decent gain. In the week gone by...