by Milan Vaishnav, CMT, MSTA | Aug 20, 2022 | Weekly Market Outlook
After continuing to rise in an unabated manner for three sessions out of four in the truncated week, the Indian equity markets managed to end the week on a positive note but also witnessed a sharp profit taking bout in the last trading session. The markets began the...
by Milan Vaishnav, CMT, MSTA | Aug 13, 2022 | Weekly Market Outlook
The Indian equity markets had a definite directional move over the past five days; it practically nullified the potentially bearish setup that indicated a likely stalling of the present up-move as it trended during the week to end with gains. The markets saw...
by Milan Vaishnav, CMT, MSTA | Aug 7, 2022 | Special Technical Articles
In the discipline of Technical Analysis, there are patterns that can be classified as Reversal Patterns or Continuation Patterns. Where Reversal patterns tend to reverse the prior trend; Continuation patterns tend to resolve in the direction of the prior trend. One...
by Milan Vaishnav, CMT, MSTA | Aug 6, 2022 | Weekly Market Outlook
In the previous technical commentary and forecast, it was anticipated that this week may see some ranged consolidation. It was also expected that such consolidation may have ranged moves and some profit-taking bouts from the higher levels. However, the downsides were...
by Milan Vaishnav, CMT, MSTA | Jul 30, 2022 | Weekly Market Outlook
In the previous weekly note, it was mentioned that the markets have formed a strong base for themselves; the most logical move that the markets can make is to move towards their 50-Week MA which was then placed at 17073. The beginning of the previous week was a bit...
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