The frustration continues . . . Nifty has made two attempts to break the receding trendline but has failed to sustain the stiff resistance around this zone. Positive global cues and results from major constituents can be crucial if we are to witness a fresh all time high on Nifty.Nifty closed the current week at … Continue reading The Good Bad and Ugly weekly review : 23 Sep 2022

Performance Update Consolidation continues : Nifty attempted to sustain above the trend line but has been hit by strong resistance around that zone. This is an extremely crucial juncture that could decide the course of action for markets in the days ahead. If Nifty surpasses the above the trend line, we could see what is … Continue reading The Good Bad and Ugly weekly review : 16 Sep 2022

Performance Update After coming very close to 18000 levels around Mid-August, markets have been on a consolidation mode for about a fortnight. 18000 continues to be a very crucial resistance zone and the rally we saw in the current week must offer some more hope of crossing 18k and beyond in the coming days. Nifty’s … Continue reading The Good Bad and Ugly weekly review : 09 Sep 2022

Performance Update - Nifty has now been consolidating after a sharp rally that kickstarted around Mid June. Last 2 weeks in particular have been quite volatile & Nifty faces an important resistance around the above trend line surpassing which could yield a superb rally further. It will be interesting to observe if we can see … Continue reading The Good Bad and Ugly weekly review : 02 Sep 2022