Performance Update The SMILES are certainly BACK after witnessing nifty climb above 200 DMA after testing our patience for quite sometime. The last year has been a tough one and this should do a whole lot of good in terms of bringing back some optimism. Nifty still has to show strong momentum to climb above … Continue reading The Good Bad and Ugly weekly review : 29 Jul 2022

This quick bounce must have surely been welcomed with open arms by every investor out there but we are currently at a crucial juncture facing stiff resistances around the 200 DMA and previous lower highs. Nifty 50 did the best compared to other benchmark indices we track to clock (+4.18%) while others returned a little … Continue reading The Good Bad and Ugly weekly review : 22 July 2022

Performance Update Just when we thought we were on an upward march, Nifty yet again couldn’t sustain and seems to have made yet another lower high indicating continuation of the downward trend. Nifty returned (-1.06%) this week while some other benchmark indices that we track – like the Nifty Jr (+1.48%) & Mid Small 400 … Continue reading The Good Bad and Ugly weekly review : 15 July 2022

Performance Update TOUCHWOOD – we have seen a continuous upward rally since Mid June 2022. But we have been witnessing continuous Lower Highs being made since the peak in Oct 2021 (as discussed in many of the previous editions of this report as well). It is going to be crucial to see if we can … Continue reading The Good Bad and Ugly weekly review : 08 July 2022

Performance Update We witnessed yet another flattish week with Nifty staying afloat after a quick bounce from 15200 odd levels. This seems to be the kind of markets where any sort of a news that has some element of pessimism attached to it can really cause a significant drop on the down side. The reasons … Continue reading The Good Bad and Ugly weekly review : 01 July 2022