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

Performance Update This week goes to the Smallcaps which have shown some good relative strength compared to the larger caps after trailing the latter for quite a while. Smallcap 250 index clocked about 2% while Nifty 50 returned (-1.1%). Nifty 50 went through some massive volatility on the monthly expiry (25th Aug) as well and … Continue reading The Good Bad and Ugly weekly review : 26 Aug 2022

Performance Update After a RAGING RUN, we saw Nifty consolidating around the trendline (17700 – 17800 levels) which continues to remain an important resistance zone. FIIs & DIIs seem to have had a role reversal with the former on a buying spree and the latter seeing a bit of selling coming in the recent past.Nifty … Continue reading The Good Bad and Ugly weekly review : 19 Aug 2022

Performance Update ONWARDS & UPWARDS ! The momentum seems to be very strong in this current upside rally that began around mid June. The RSI (Relative Strength Index) has crossed 70 and is entering the over bought territory for the first time in the current calendar year. If this continues, we can quickly make a … Continue reading The Good Bad and Ugly weekly review : 12 Aug 2022

Performance Update WHY WE ALWAYS SAY – REACT ! DON’T PREDICT ?None of the major issues that were labelled as ‘factors responsible for market weakness’ sometime ago have really met with a proper fruitful conclusion & yet markets are up around (+10%) in the last 1 month & about (+17%) since the recent bottom in … Continue reading The Good Bad and Ugly weekly review : 05 Aug 2022

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