Performance Update Nifty cracked below the all important support level of 15500 – 15700 from where we witnessed multiple bounces in the last 12 months. We have also been seeing Lower Highs & Lower Lows since the recent Oct 2021 peak. The current bearish trajectory may be a result of several factors that are already … Continue reading The Good Bad and Ugly weekly review : 17 June 2022

Performance Update After a short spike of about 1000 points from 15740 levels (Mid May 2022), we have seen another round of downward move in the last one week. We had discussed that we will have to witness a move above the 200 MA or the latest lower high to confirm an up trend. But … Continue reading The Good Bad and Ugly weekly review : 10 June 2022

Performance Update After taking an all important support near 15700 levels around Mid May, markets seemed to have embarked upon an up trend for which the 200 DMA could act as an important resistance level to see if we can witness a further move on the upside. We have seen the markets making Lower Highs … Continue reading The Good Bad and Ugly weekly review : 03 June 2022