by Milan Vaishnav, CMT, MSTA | Aug 12, 2023 | Weekly Market Outlook
In line with what was anticipated in the previous weekly technical note, the Indian equity markets witnessed profit-taking bouts from higher levels along with spikes in the volatility that is hovering around one of its lowest levels of recent months. It was also...
by Milan Vaishnav, CMT, MSTA | Aug 5, 2023 | Weekly Market Outlook
In the previous weekly technical note, it was mentioned about the vulnerability that the market faces due to extremely low levels of VIX. It was expected that such low levels of VIX had left the markets vulnerable to violent profit-taking bouts from higher levels....
by Milan Vaishnav, CMT, MSTA | Jul 29, 2023 | Weekly Market Outlook
After closing with gains for four weeks in a row, the markets finally took a breather on the expected lines. In the previous weekly technical note, it was mentioned that the formation of a Shooting Star on candles has the potential to temporarily halt the present...
by Milan Vaishnav, CMT, MSTA | Jul 22, 2023 | Weekly Market Outlook
It is exactly a month when the NIFTY staged a major breakout by crossing above the previous high point of 18887; this time, it was the fourth week in a row when the markets extended their gains. This has also led to the markets closing at their fresh record lifetime...
by Milan Vaishnav, CMT, MSTA | Jul 15, 2023 | Weekly Market Outlook
It was the third week in a row that the markets extended their gains; the NIFTY had staged a breakout when it crossed above the 18880 levels. This has resulted in the NIFTY closing at yet another lifetime high. This has taken the markets into a mildly overbought zone;...
Recent Comments