Finally, it seems a short-term bottom is in place today! Nifty gapped down at 11218 to make a low at 11185 before recovering smartly by the end of the day helped by heavyweights Reliance, Cipla, Sun pharma, and Bharti Airtel...
The tussle between the bulls and the bears continue! Bears are not letting the rally to sustain but the bulls are not letting go 11300! The Nifty opened higher at 11378.5 and went up to 11437 but the last hour selling...
The Nifty clings on to 11300! Nifty ended 21 points up at 11355.05 almost exactly where it opened after a highly volatile day! Nifty took support at downsloping trendline from all-time highs and has traced out a Dragonfly...
Bears have taken over! As mentioned in the previous issue of the Daily Game Plan… It’s the narrowest range of the last four days which shows indecision. Range contraction is usually followed by a trend day most...
Correction times for the markets! The Nifty after rising upto 11794 at the beginning of the week, ended 2.69% negative at 11333.85. Nifty 500 also declined by 2.73% during the week. We had rebalanced the DYR Dual Momentum...
The consolidation continues! Nifty after initially rising above 11550 levels mentioned yesterday and made a high 11584.95 and closed slightly in red or 7.55 points. The Nifty has failed to decisively cross the 11550 levels...
A flattish to slightly bullish day! The Nifty opened flat during the day and saw the last hour buying which pushed it to close up at 11535 or 64 points! As I mentioned yesterday that Nifty is forming a flag pattern which is...
A pause after yesterday’s massive sell-off! The positive verdict on AGR by the Supreme Court and some good auto number cushioned the pain to some extent! But we are not out of woods yet! Nifty yesterday engulfed...
Finally, the moment of truth for the markets! I have been shouting at top of my lungs since the last couple of issues of my Daily Game Plan, that this rally is suspect and could turn into a false breakout. All it needed...
Nifty Bank is running while the Nifty is crawling! Nifty Bank is doing exactly what I had mentioned on August 27, 2020 issue of the Daily Game Plan. Nifty Bank is finally playing catch up with the Nifty. Although short term...
