by Milan Vaishnav, CMT, MSTA | Feb 18, 2024 | Weekly Market Outlook
Some serious consolidation continued in the markets as the Nifty oscillated in a defined range before closing the week with modest gains. Examination of daily charts shows that the Nifty tested its 50-DMA again and rebounded from that level while defending that point...
by Milan Vaishnav, CMT, MSTA | Feb 10, 2024 | Weekly Market Outlook
Two weeks of decline, one week of advance, and a week of consolidation. This is what sums up the market activity over the past month. The markets consolidated over the past week and stayed largely within a defined trading range. The previous five sessions have...
by Milan Vaishnav, CMT, MSTA | Jan 27, 2024 | Weekly Market Outlook
The previous week was reduced to just a short 3-day trading week as Monday was declared a special holiday while on Friday, the markets remained shut on account of Republic Day. Despite this, the markets remained extremely choppy and traded in a much wider range as...
by Milan Vaishnav, CMT, MSTA | Jan 12, 2024 | Weekly Market Outlook
After consolidating for the most of the week, the markets extended their upmove and ended at yet another record lifetime high. In the past four out of five sessions, the markets were seen consolidating and stayed under limited corrective retracement. However, they did...
by Milan Vaishnav, CMT, MSTA | Dec 30, 2023 | Weekly Market Outlook
The equity markets have ended the year on a very strong note. As the week comes to a close, we not only end the month but also the year. On a monthly basis, the Nifty has had a stellar run this December as it gained 1598 points (+7.94%). On a YTD basis, Nifty has been...
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