Amid the COVID-19 devastation, the rally in the domestic market continues as both the 50,000 level and 60,000 mark have been breached in 2021. Sensex
Since pre-pandemic time (January 2020), the Sensex has gained 41%; however, the BSE Smallcap has gained 99%. The small-cap segment has outperformed the Sensex by 2.4 times!
Many market experts are voicing concern about this rise in the equity market and are forecasting deep correction sometime in the future. So we will try to first understand what is making the equity market move ahead and then what are the events or triggers that can stop its march ahead.
Nifty cash index The nifty cash index continues its relentless rise. Nifty was rallied by close to 1100 points from the low at 15500 in
Monthly Chart Analysis It is the first week of the month of August. We begin our analytical process by looking at monthly charts because we
NIFTY Nifty closed the week (left pane) on a flat note. The highlight of the week was the sharp bounce off the lows. All said
NIFTY Nifty closed the week almost unchanged (weekly charts left pane). The week saw a red candle and when compared to the close of the
The pane on the left is the weekly price action in Nifty. Nifty closed the week in marginally negative. The decline was not severe as
NIFTY MONTHLY TIME FRAME On the monthly time (top left of the price chart) frame we see the index closing with a net loss of
Nifty It is observed that on the weekly time (left pane) frame Nifty is in a very steady uptrend and Nifty has now declined towards
The National Stock Exchange of India has cut down the futures & options lot size by 50 percent for 40 stocks. The exchange also reduced
Nifty closed the week with a mild loss of around 1.61% over the close of the previous week. On the chart right pane is a