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Sector Spotlight: Keep An Eye; This Could Be A Massive Multiyear Breakout

by Milan Vaishnav, CMT, MSTA | Jan 9, 2023 | Special Technical Articles

There is no debate when it comes to concluding that 2022 has been a choppy year for equities globally. The markets had to deal with all sorts of things; rising inflation, fear of recession, geopolitical tensions, and a slew of rate highs from the central banks all...

Special Note: A Breakout Is In The Offing From This Large Rectangle Pattern; Watch Out

by Milan Vaishnav, CMT, MSTA | Sep 8, 2022 | Special Technical Articles

ADANIPORTS has been showing some potent technical developments on the longer-term timeframe charts. While most of the Adani Group stocks have run up too high and ahead of the curve, this stock has been consolidating in a wide and well-defined trading range and has...

Special Note: Inverted Head & Shoulders; This Bullish Reversal Pattern May Act As An Continuation Pattern This Time

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...

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...

Special Note: What This Breadth Indicator Is Possibly Hinting About NIFTY?

by Milan Vaishnav, CMT, MSTA | Mar 11, 2021 | Special Technical Articles

Among other tools and indicators that any technical analyst might use to analyze the price charts, they would also use a Breadth Indicator to measure the strength of the trend in the underlying security or an Index. In the event of any uptrend taking place in any...

Special Note – Equity Indices Overstretched; Sectors To Look At For Adding A Protective Layer To Portfolios

by Milan Vaishnav, CMT, MSTA | Dec 3, 2020 | Special Technical Articles

Backed by strong FII inflows, the Indian equity markets continued their unabated surge in November. As the month ends, the markets have gained much more than what it had lost during the meltdown that was triggered by the Coronavirus pandemic. The equities have stayed...
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