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Weekly Report on 04.02.2019

Nifty (CMP: 10934) Last week witnessed bulls’ return as Nifty is about to take out its September high. A closing for Nifty above 11020 will reinstate strength. We should now approach the market as one to buy on declines, supports exist at 10840, 10770 & 10690. The...

Weekly Report on 21.01.2019

Nifty (CMP: 10961) Last week witnessed bulls’ return as Nifty is about to take out its December high. This confirms short term strength & we should now approach the market as one to buy on declines, supports exist at 10840, 10770 & 10690. The outlook for...

Weekly Report on 14.01.2019

Nifty (CMP: 10737) Last week continued to witness extreme volatility where Nifty kept on moving on both sides of 200 DMA & ended the week on a feeble note. This confirms short term trendlessness & we should now approach the market as one to buy on new...

Weekly Report on 07.01.2019

Nifty (CMP: 10727) Previous week saw continuation of increased volatility in Nifty where it continued with the sequence of closing above & below 200 day moving averages alternately. Market breadth, in the meanwhile has improved and it signifies some sort of...

Weekly Report on 31.12.2018

Nifty (CMP: 10859) Previous few sessions, especially the post assembly election in three major states, saw a phase of increased volatility in Nifty where it repeatedly closed above & below 200 day moving average. Market breadth has however returned to positive...

Weekly Report on 24.12.2018

Nifty (CMP: 10754) Last week continued to witness extreme volatility where Nifty convincingly breached the 20 day Moving Average mark at 1061 zones & ended the week almost at the lowest point. This confirms a short term weakness & we should now approach the...

Weekly Report on 17.12.2018

Nifty (CMP: 10908) Previous few sessions, especially the post election period, saw a phase of increased volatility in Nifty where it successfully closed above 200 day moving average with good conviction. Market breadth has returned to positive and that puts the odd in...

Weekly Report on 10.12.2018

Nifty (CMP: 10693) Last week saw a phase of increased volatility in Nifty where it violated the 200 day moving average with good conviction. Market breadth was weak & it puts the odd in favor of continuation of the bearish trend. The outlook for next week remains...

Weekly Report on 03.12.2018

Nifty (CMP: 10876) Last week saw a phase of increased volatility in Nifty where it closed above 200 day moving average with good conviction. Market breadth has returned it puts the odd in favor of continuation of the bullish trend. The outlook for next week remains...

Weekly Report on 08.10.2018

Nifty (CMP: 10316) Last week continued to witness extreme volatility where Nifty convincingly breached the 200 day Moving Average mark at 10775 zones & ended the week almost at the lowest point. This confirms the official bear market & we should now approach...

Weekly Report on 01.10.2018

Nifty (CMP: 10930) Last week continued to witness extreme volatility where Nifty convincingly breached 11000 marks on Friday, but salvaged some of its lost ground towards closing and managed to close above 10900! An important observation lies in the fact that the...

Weekly Report as on 24.09.2018

Nifty (CMP: 11142) Last week witnessed an extreme volatility where Nifty briefly breached 10900 marks on Friday, but salvaged some of its lost ground towards closing and managed to close above 11100! An important observation lies in the fact that the index is now...

Weekly Report as on 17.09.2018

Nifty (CMP: 11515) Last week saw a phase of increased volatility in Nifty where it briefly closed at a new 6-week low followed by some pull back towards the closing of the week. The index is still trading above major moving averages like 50, 100 & 200 day...

Weekly Report as on 10.09.2018

Nifty (CMP: 11589) Last week saw a phase of increased volatility in Nifty where it closed at a new 2-week low followed by some pull back towards the closing of the week. The index is still trading above major moving averages like 50, 100 & 200 day denominations...

Weekly Report as on 27.08.2018

Nifty (CMP: 11557) Last week saw another bull charge & Nifty managed to close at another life high! In spite of a possible threat of interest rate hike in US, Nifty is continuously trading above major moving averages like 50, 100 & 200 day denominations,...

Weekly Report as on 21.08.2018

Nifty (CMP: 11551) Monday saw a gap down opening but finally Nifty managed to close at another life high! In spite of a possible threat of interest rate hike in US, Nifty is continuously trading above major moving averages like 50, 100 & 200 day denominations,...

Weekly Report as on 13.08.2018

Nifty (CMP: 11429) Last week saw Nifty to close at another life high although much of the rise was surrendered towards closing of the week! The index is quite obviously trading above major moving averages like 50, 100 & 200 day denominations but prices are...

Weekly Report as on 06.08.2018

Nifty (CMP: 11360) Last week saw Nifty to close at another life high! Prices may be overbought, or running ahead of their fundamentals, but we are trend-followers & we trade in the direction of the trend. The index is quite obviously trading above major moving...

Weekly Report as on 30.07.2018

Nifty (CMP: 11278) Last week saw a phase of increased volatility in Nifty where it closed at a new life high! The index is quite obviously trading above major moving averages like 50, 100 & 200 day denominations & it puts the odd in favor of continuation of...

Weekly Report as on 23.07.2018

Nifty (CMP: 11010) Last week saw a phase of reduced volatility in Nifty where it kept within previous week’s range. However, in spite of these, Nifty is still trading above major moving averages like 50, 100 & 200 day denominations & it puts the odd in favor...

Weekly Report as on 09.07.2018

Nifty (CMP: 10772) Last week saw a quiet choppiness in Nifty where it stayed within previous week’s range but it closed significantly away from its low. However, in spite of these, Nifty is still trading above major moving averages like 50, 100 & 200 day...

Weekly Report as on 02.07.2018

Nifty (CMP: 10821) Last week saw a volatile phase in Nifty where previous week’s low was taken out but it closed off its low, although the closing was 107 points lower than previous week. However, on a monthly basis, Nifty saw a minor loss of 21 points or 0.20%. And...

Weekly Report as on 25.06.2018

Nifty (CMP: 10821) Last week saw a volatile phase in Nifty where previous week’s low was taken out but it closed off its low and almost unchanged on weekly basis. However in spite of that Nifty is still trading above all major moving averages like 50, 100 & 200...

Weekly Report as on 18.06.2018

Nifty (CMP: 10817) Last week saw a volatile phase in Nifty where previous week’s high was taken out but it closed off its high. However in spite of that we got a closing 40 points higher and combined with the fact that Nifty is still trading above all major moving...

Weekly Report as on 11.06.2018

Nifty (CMP: 10767) Last week saw a volatile period in Nifty where both previous week’s high & low were briefly taken out but it did not put up any continued movement in either direction. But in spite of that we got a closing above previous week’s high and that,...

Weekly Report as on 04.06.2018

Nifty (CMP: 10696) Last week saw a consolidation phase in Nifty which remained in a quiet choppy period but gained 91 points on weekly basis. Nifty is still trading above all major moving averages like 50, 100 & 200 day denominations & it puts the odd in...

Weekly Report as on 28.05.2018

Nifty (CMP: 10605) Last week saw a failed attempt on part of Nifty to violate 10400 downward but it consequently recovered all losses and in fact closed 9 points higher on weekly basis. Nifty is now trading above all major moving averages like 50, 100 & 200 day...



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