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

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

Performance Update Some green cheer amidst bearish trend ! Nifty bounced from recent lower low to return (+2.2%) while all pother benchmarks also between 1% & 2%. While we have been battling several negative global news, we will need a round of positive global cues to re establish the upward trend. This week, we saw … Continue reading The Good Bad and Ugly weekly review : 24 June 2022

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