by Milan Vaishnav, CMT, MSTA | Dec 23, 2023 | Weekly Market Outlook
In the previous technical note, it was categorically mentioned that given the unabated upmove in the markets, they have risen near-vertically. This has caused the Indices to deviate greatly from their mean making them overextended and prone to violent profit-taking...
by Milan Vaishnav, CMT, MSTA | Dec 15, 2023 | Weekly Market Outlook
Continuing with the unabated upmove, the markets went on to post their fresh lifetime highs once again; Nifty has ended on a fresh lifetime high on a closing basis as well. The rally this week was propelled by the Fed which kept the interest rates unchanged. While...
by Milan Vaishnav, CMT, MSTA | Dec 8, 2023 | Weekly Market Outlook
The markets continued their unabated upmove; following a strongly trending week, the Nifty not only ended at a fresh life-time high point, but it also closed with gains for the sixth consecutive week. The markets piled up decent returns despite some sings of...
by Milan Vaishnav, CMT, MSTA | Dec 3, 2023 | Weekly Market Outlook
Following a strong consolidation in the week before this one, the markets finally staged a decisive rally over the past four sessions of the truncated week. The benchmark index NIFTY50 surged in all four sessions; it went on to move past the previous lifetime high of...
by Milan Vaishnav, CMT, MSTA | Nov 25, 2023 | Weekly Market Outlook
The equity markets consolidated throughout the week. While staying in a narrow range and trading sideways for almost all days of the week, the Indices stayed devoid of any directional trend. Following strong weekly gains of over 1.58% in the week before this one, the...
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