Weekly Big Picture – Key Indices Retreat from Higher Levels, as GST Jitters and Global Weakness Drag the Market

MarketSmith India _ Weekly Big Picture.

MARKET PULSE

Status: Confirmed Uptrend

Current Outlook:

Market environment conducive for new purchases, but remain selective.

Focus on fundamentally strong stocks breaking out of strong technical patterns.

Stay disciplined and exercise sound buy and sell rules.

Continue reading “Weekly Big Picture – Key Indices Retreat from Higher Levels, as GST Jitters and Global Weakness Drag the Market”

Weekly Big Picture – Uncertain Global Cues Weigh on Key Indices; Broader Markets Hold Ground

MarketSmith India _ Weekly Big Picture

MARKET PULSE

Status: Confirmed Uptrend

Highlights:

Two up days, three down days

Weekly Market Review

The Benchmark indices came under the grip of bears to post sharp losses this week. The key U.S. Federal reserve meeting and political uncertainties in Europe added to the woes of the Indian market.

Continue reading “Weekly Big Picture – Uncertain Global Cues Weigh on Key Indices; Broader Markets Hold Ground”