After pulling back in the last week towards the neckline of the “Head and Shoulder” formation, the indices declined on…
The intermediate trend turned down as the indices continued to exhibit descending intermediate tops and bottoms, indicating the continuation of…
The week was very volatile as we saw the indices breakout of the ten-day consolidation and than we saw the…
The indices corrected 50% of the earlier intermediate rise and bounced back smartly, indicating a possibility of an intermediate uptrend.
The intermediate rally, which had started on July 16 ended on August 12 and has lasted four weeks.
The intermediate rally, which had started on July 16, is still intact, as the indices improved for the fourth successive…
The intermediate uptrend, which had started on July 16 is intact, as the indices continue to exhibit ascending minor tops…
A strong bounce back by the indices and Friday wiped out all the loses of the first three days in…
The indices went into an intermediate uptrend but were choppy, as oil continued to boil and in the coming week…
A highly volatile week as the Sensex took support at 12,800, just above the important level of 12,670 and the…
The intermediate downtrend which had started on the May 5, is still intact as the indices continue to exhibit descending…
A new low by the indices confirmed the continuation of a bear market and the major downtrend, as last week’s…
The intermediate trend of the indices remains down as the Sensex has paused at its earlier intermediate bottom of 14,677.…
The Sensex dropped to the important support zone between 15,300 and 15,500 and we saw a strong short covering, but…
Last week, some bullish action was seen in the tech stocks due to the weakening of the rupee against the…
Investors must avoid cement stocks as of now and allow base formation in these stocks before picking up long positions…
The indices took support at the ascending trendline and even though the Nifty and the CNX Mid Cap index closed…
After witnessing three consecutive up weeks, the indices declined on all the days in the last week as the CNX…
