Market Update

Market View: 11-15 JUN 2018

Filed in Market Update by on June 11, 2018
Market View: 11-15 JUN 2018

  Week Market View: 11-15 JUN 2018 View Last week the NIFTY closed at 10767.65 registering a gain of 0.67% over previous week. The trailing couple of days in the last week was where the maximum action was seen and it was driven largely by weak global cues, a rise in crude prices, a rise […]

Continue Reading »

Market View: 4-8 JUN 2018

Filed in Market Update by on June 4, 2018
Market View: 4-8 JUN 2018

  Week Market View: 4-8 JUN 2018 View Last week the NIFTY closed at 10696.20 registering a gain of 0.86% over previous week. The markets factored in for the MARCH quarter earnings and also the GDP data. On the NIFTY daily chart we could see bearish candle formations but on the weekly chart we could […]

Continue Reading »

Market View: 21-25 MAY 2018

Filed in Market Update by on May 21, 2018
Market View: 21-25 MAY 2018

  Week Market View: 21-25 MAY 2018 View Last week the NIFTY closed at 10596.40 registering a loss of 1.94% over previous week. That was a closing below the important support levels of 10600. It has shown a bearish engulfing candle on the weekly chart. It could be attributed to the lack of majority for […]

Continue Reading »

Market View: 14-18 MAY 2018

Filed in Market Update by on May 14, 2018
Market View: 14-18 MAY 2018

  Week Market View: 14-18 MAY 2018 View Last week the NIFTY closed at 10806.50 registering a gain of 1.77% over previous week. It ended above its immediate resistance levels of 10800 forming a bullish candlestick on the daily and weekly charts. Though we see these bullish patterns we must all stay cautious given the […]

Continue Reading »

Market View: 7-11 MAY 2018

Filed in Market Update by on May 7, 2018
Market View: 7-11 MAY 2018

  Week Market View: 7-11 MAY 2018 View Last week the NIFTY closed at 10618.25 registering a loss of 0.7% over previous week. The NIFTY closed in red on three consecutive days and has shown a bearish candle on the weekly chart after a long while. It’s a clear indication that the markets will pause […]

Continue Reading »

Market View: 23-27 APR 2018

Filed in Market Update by on April 23, 2018
Market View: 23-27 APR 2018

  Week Market View: 23-27 APR 2018 View Last week he NIFTY closed at 10564 registering a gain of 0.80% over previous week. The gain was as predicted in the last market view. Phenomenal earnings growth from TCS, good amount of buying from the DII’s and a good monsoon prediction boosted positive sentiments. Technically, the […]

Continue Reading »

Market View: 16-20 APR 2018

Filed in Market Update by on April 16, 2018
Market View: 16-20 APR 2018

  Week Market View: 16-20 APR 2018 View Last week the NIFTY closed at 10480.60 registering a gain of 1.44% compared to previous week. This was as predicted in the last market view. This week would keep us busy on two fronts i.e. the earnings season and the political tensions in Syria. The earnings season […]

Continue Reading »

Market View: 9-13 APR 2018

Filed in Market Update by on April 9, 2018
Market View: 9-13 APR 2018

  Week Market View: 9-13 APR 2018 View Last week the NIFTY closed at 10331.60 registering a gain of 2.15% over previous week. Lower inflation and a higher GDP prediction for the current financial year created positive sentiments. The NIFTY has finally come out of the narrow down trending channel between 10250 and 9800. The […]

Continue Reading »

Market View: 2-6 APR 2018

Filed in Market Update by on April 1, 2018
Market View: 2-6 APR 2018

  Week Market View: 2-6 APR 2018 View Last week the NIFTY closed at 10113.70 registering a gain of 1.16% over previous week. The week recorded a positive weekly close since the weekend of 26th JAN which is a positive sign. During the last financial year 2017-18, the Sensex rallied 10% overall keeping the bull […]

Continue Reading »

Market View: 26-30 MAR 2018

Filed in Market Update by on March 26, 2018
Market View: 26-30 MAR 2018

  Week Market View: 26-30 MAR 2018 View Last week the NIFTY closed at 9998.05, well below the psychological mark of 10,000 since OCT 2017. It registered a loss of 1.93% over previous. This was as predicted the last week and it was good that we all stayed away from the markets. The main reason […]

Continue Reading »