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Week Ahead: NIFTY May See Some Consolidation At Higher Levels; RRG Chart Shows This Sector Ending Its Relative Underperformance

by Milan Vaishnav, CMT, MSTA | Jul 23, 2022 | Weekly Market Outlook

The markets had a strong week much on the expected lines. In the previous weekly note, it was categorically mentioned that the markets may resume their up move after a brief period of consolidation. Over the past five sessions, the markets continued to inch higher as...

Week Ahead: NIFTY May Regain Its Directional Momentum; RRG Chart Shows Both High Beta And Defensives Doing Well

by Milan Vaishnav, CMT, MSTA | Jul 16, 2022 | Weekly Market Outlook

In the previous weekly note, it was categorically mentioned that the Indian equities were due to consolidate; any move that leads to a minor correction or consolidation should not surprise anyone. The past five sessions remained much on the expected lines as the...

Week Ahead: NIFTY’s Consolidation Must Not Surprise Us; RRG Chart Shows These Sectors Improving Their Relative Performance

by Milan Vaishnav, CMT, MSTA | Jul 9, 2022 | Weekly Market Outlook

After taking a breather in the week before this one, the Indian equity markets resumed their up move. The headline index continued with its pullback and moved past a few important levels while protecting the key supports. Over the past five sessions, the markets...

Week Ahead: NIFTY Needs To Move Past This Point For A Sustainable Move; RRG Chart Show Mixed Sectoral Setup

by Milan Vaishnav, CMT, MSTA | Jul 2, 2022 | Weekly Market Outlook

It was a week of consolidation for the Indian equities; the markets struggled to move past the key resistance levels. At the same time, the NIFTY also continued to hold on to the key support points. The last five sessions kept the markets largely in a broad but...

Special Note: This Payment Services Stock Lost 74% After It Listed; Is There A Trend Reversal?

by Milan Vaishnav, CMT, MSTA | Jun 28, 2022 | Special Technical Articles

PAYTM.in (One97 Communications Ltd) has been one of the worst IPO performers in the Indian markets. After listing near Rs. 2100, the stock lost close to 74% while it formed a low near 520 levels. Presently, multiple technical pieces of evidence suggest that there may...
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