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Share Market Weekly Technical Report – February 17, 2023

Share Market Weekly Technical Report – February 17, 2023

17 February 2023

Future outlook In continuation of the lacklusterness from the past couple of trading weeks, our market started the new week on a mild note within the same slender range. However, by mid-week, the buying emergence in the broader market led Nifty to break the shackles and come out from the slumber phase. But eventually, the …

Share Market Weekly Technical Report – February 10, 2023

Share Market Weekly Technical Report – February 10, 2023

13 February 2023

Future Outlook After couple of weeks of dramatic moves with respect to ADANI saga, things seemed to have come to an equilibrium towards the fag end of previous week. We started the proceedings on Monday on a soft note and remained sluggish for the first couple of sessions. This was followed by some promising action …

Share Market Weekly Technical Report – 23rd December 2022

Share Market Weekly Technical Report – 23rd December 2022

23 December 2022

Future outlook Markets started the session on a flat note on Monday in line with other global peers. During the first half of the week, Nifty tried recovering from previous Friday’s weakness. However, at higher levels, once again markets looked a bit nervous. The profit booking started on Wednesday after entering the sturdy wall of …

Share Market Weekly Technical Report – 9th December 2022

Share Market Weekly Technical Report – 9th December 2022

9 December 2022

Future outlook Our markets started the week on a flat note in absence of global as well as domestic triggers. As the week progressed, key indices continue to remain in a slumber phase. During the mid-week RBI monetary policy, it appeared as if the Governor dented the sentiments; but immediately on the next day, the …

Share Market Weekly Technical Report – 2nd December 2022

Share Market Weekly Technical Report – 2nd December 2022

2 December 2022

Future outlook The Indian market had a splendid start to the week, with the benchmark index Nifty50 clocking new highs. The bullish momentum carried throughout the week, with Nifty being on a roll of achieving new heights daily. However, the stellar run of the eight consecutive days came to a halt ahead of the weekend …

Share Market Weekly Technical Report – 18th November 2022

Share Market Weekly Technical Report – 18th November 2022

18 November 2022

Future outlook Market had a mild start to the new trading week post the strong closure from its previous week’s rally and managed to withhold at the higher grounds. After the initial up moves, the index slipped into a consolidation zone for the rest of the trading week and kept hustling in a slender range …

Share Market Weekly Technical Report – 30th December 2022

Share Market Weekly Technical Report – 30th December 2022

30 December 2022

Future outlook Our market has witnessed a pleasant move through the week post the havoc from the previous week. The firm recovery from the lows of 17800 showcased the resilience of the bulls and made a merry Santa rally to close the year on a cheerful note. The benchmark index Nifty50 snapped three consecutive weeks …

Share Market Weekly Technical Report – January 06, 2023

Share Market Weekly Technical Report – January 06, 2023

6 January 2023

The SGX Nifty had indicated a soft opening for new calendar year. However, our markets completely shrugged off these cues as they started the session marginally in the green on Monday. We did see some ambiguity in the first half; but with few heavyweights attracting strong buying around the midsession, Nifty picked up decent momentum …

Share Market Weekly Technical Report – January 14, 2023

Share Market Weekly Technical Report – January 14, 2023

13 January 2023

Our markets had a splendid start for the week owing to favorable developments in US markets over the weekend. At the close, Nifty did not disappoint as it reclaimed 18100 on a closing basis. Honestly, we expected the market to come out of its recent slumber phase; but once again, markets failed to sustain at …

Share Market Weekly Technical Report – February 05, 2023

Share Market Weekly Technical Report – February 05, 2023

6 February 2023

Future outlook Last week, the Adani group fiasco struck our markets like a comet. The spillover effect of this carnage triggered massive sell off in banking space which then spread across the broader market. Around the mid-week, the Finance Minister delivered a stellar ‘Budget’ and markets gave a complete thumbs up to this event. We …

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