Weekly Report on 21.01.2019

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

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

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

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

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...