by Milan Vaishnav, CMT, MSTA | Jul 8, 2023 | Weekly Market Outlook
In the previous weekly technical outlook, it was mentioned that the markets have attempted a strong breakout which can be termed as one of the major ones; this week, it showed some signs of tiredness while still managing to end the week on a positive note. The markets...
by Milan Vaishnav, CMT, MSTA | Jul 1, 2023 | Weekly Market Outlook
After testing the prior top of 18887 multiple times during the last five sessions, the Indian equity markets finally attempted a long-awaited breakout by moving past this point and closing near the high point of the week. While the market breadth improved a bit, the...
by Milan Vaishnav, CMT, MSTA | Jun 24, 2023 | Weekly Market Outlook
After a strong performance in the week before this one, the markets chose to take a breather. The NIFTY went within the kissing distance of the all-time high level of 18887 and saw corrective pressures at that point. The markets kept on testing these crucial levels...
by Milan Vaishnav, CMT, MSTA | Jun 17, 2023 | Weekly Market Outlook
In what can be called a fairly buoyant week of trade, NIFTY went on to move towards its previous high point and closed at its lifetime high. The financials, though, represented by Banknifty (Nifty Bank) relatively underperformed as the Banknifty Index closed on a flat...
by Milan Vaishnav, CMT, MSTA | Jun 10, 2023 | Weekly Market Outlook
This was the second week in a row when the markets delayed their breakout and continued to flirt with the key levels. This time, the markets continued to stay largely in a defined range while continuing to resist the key levels. The NIFTY50 index stayed above the...
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