In what can be called an indecisive week for the markets, the Nifty oscillated back and forth within a given range and ended the week on a flat note. Over the past five sessions, the Nifty largely remained within a defined range. While it continued resisting the crucial levels, it also failed to develop any definite directional bias throughout the week. The Nifty stayed and moved in the 585-point range. The volatility significantly declined. The India VIX came off by 15.77% to 13.69 on a weekly note. While trading below crucial levels, the headline index closed flat with a negligible weekly gain of 51.55 points (+0.22%). A few important technical points must be noted as we approach the markets over the coming weeks. Both the 50-Day and 50-Week MA are in very close proximity to each other at 23754 and 23767, respectively. The Nifty has resisted to this point, and…
In this video, Mary Ellen reviews the market’s flat momentum as uncertainty reemerges after weak AMZN, TSLA and GOOGL…
The trading week started with investors worried about tariffs, but the 30-day delay of tariffs on imports from Canada…
Sometimes an industry group looks good technically, sometimes fundamentally, and then other times seasonally. But what happens when they…
The trading week started with investors worried about tariffs, but the 30-day delay of tariffs on imports from Canada…
In this video, Mary Ellen reviews the market’s flat momentum as uncertainty reemerges after weak AMZN, TSLA and GOOGL…
In what can be called an indecisive week for the markets, the Nifty oscillated back and forth within a…
While the major equity averages are certainty up year-to-date, we’re detecting a growing number of signs of leadership rotation.…