Analyzing India February 25, 2019 at 03:48 AM
Rural Electrification Corporation Limited (RECLTD.IN) This stock has now witnessed a breakout from a bullish Ascending Triangle formation. The breakout occurred above 127.50, but the stock might still witness some pullback, with the zone of 127-130 potentially acting as support... Read More
Analyzing India February 23, 2019 at 02:07 AM
In our previous weekly note, we mentioned that the NIFTY was slipping below its 50-week moving average and highlighted the importance of this important weekly level... Read More
Analyzing India February 19, 2019 at 06:39 AM
With the session that ended on Tuesday, February 19, 2019, the Indian headline index NIFTY50 closed in the red for the eighth consecutive day... Read More
Analyzing India February 16, 2019 at 11:23 AM
The past week remained quite dismal for the market, which ended in the negative on all five days. After a failed breakout on the daily charts, the NIFTY returned inside the broad trading range and subsequently drifted even lower... Read More
Analyzing India February 11, 2019 at 11:27 AM
While the markets have been suffering from fractured breadth and the NIFTY moved below 10950 (its breakout level) following a strong throwback, the CNXIT index has crawled back into the leading quadrant of the Relative Rotation Graph (RRG)... Read More
Analyzing India February 10, 2019 at 01:21 PM
The Indian market suffered a severe throwback, having broken out above the 10950 mark on Wednesday but returning all those gains by end of the week. The market breadth has not been healthy at all and remains a matter of concern... Read More
Analyzing India February 09, 2019 at 06:13 AM
With the last day of the trading week remaining a drag, the NIFTY returned all its weekly gains and ended on a negative note... Read More
Analyzing India February 04, 2019 at 12:08 PM
After experiencing a brutal decline that began in September 2018, the NIFTY found support just below the 10000 mark and witnessed a technical pullback. This technical pullback halted near the 10950 level in early December 2018... Read More
Analyzing India February 02, 2019 at 05:37 AM
We mentioned in our previous weekly note that, due to expiry of the January series and interim budget, the markets would remain more volatile than usual over the past week... Read More
