Analyzing IndiaFebruary 11, 2024 at 02:15 AM
Two weeks of decline, one week of advance, and a week of consolidation. This is what sums up the market activity over the past month...Read More
Analyzing IndiaJanuary 27, 2024 at 09:59 AM
The previous week was reduced to just a short 3-day trading week as Monday was declared a special holiday while on Friday, the markets remained shut on account of Republic Day...Read More
Analyzing IndiaJanuary 13, 2024 at 10:13 AM
After consolidating for most of the week, the markets extended their upmove and ended at yet another record lifetime high. In the past four out of five sessions, the markets were seen consolidating and staying under limited corrective retracement...Read More
Analyzing IndiaDecember 30, 2023 at 09:00 AM
The equity markets have ended the year on a very strong note. As the week comes to a close, we not only end the month, but also the year. On a monthly basis, the NIFTY has had a stellar run this December, having gained 1598 points (+7.94%)...Read More
Analyzing IndiaDecember 23, 2023 at 09:45 AM
In the previous technical note, it was categorically mentioned that, given the unabated upmove, the markets have risen near-vertically. This has caused the indices to deviate greatly from their mean, making them overextended and prone to violent profit-taking bouts...Read More
Analyzing IndiaDecember 16, 2023 at 07:53 AM
Continuing with the unabated upmove, the markets went on to post their fresh lifetime highs once again; NIFTY has ended on a fresh lifetime high on a closing basis as well. The rally this week was propelled by the Fed, which kept the interest rates unchanged...Read More
Analyzing IndiaDecember 09, 2023 at 07:46 AM
The markets continued their unabated upmove; following a strongly trending week, the Nifty not only ended at a fresh lifetime high point but also closed with gains for the sixth consecutive week...Read More
Analyzing IndiaDecember 03, 2023 at 07:46 AM
Following a strong consolidation in the week before this one, the markets finally staged a decisive rally over the past four sessions of the truncated week. The benchmark index NIFTY50 surged in all four sessions; it went on to move past the previous lifetime high of 20222...Read More
Analyzing IndiaNovember 27, 2023 at 10:11 AM
The equity markets consolidated throughout the week. Although they stayed within a narrow range and traded sideways for almost all days of the week, the Indices were devoid of any directional trend. Following strong weekly gains of over 1...Read More
Analyzing IndiaNovember 04, 2023 at 11:46 AM
In the previous technical note, during our analysis of the patterns of the NIFTY's weekly chart, it was mentioned that the Index has achieved a full throwback...Read More