by Milan Vaishnav, CMT, MSTA | Dec 31, 2018 | Special Technical Articles
Though the last trading session of 2018 remained rather dull with the Markets ending on a flat note, the year itself remained in stark contrast to its last trading day. Throughout the previous year, the NIFTY remained affected by events, both global and domestic, in...
by Milan Vaishnav, CMT, MSTA | Dec 21, 2018 | Special Technical Articles
The Indian benchmark NIFTY50 saw a violent sell-off beginning the previous month. On the week ending October 5th, it also violated the 3-year old upward rising channel. Though, it has not started to give lower top and bottoms on the Weekly Chart; though presumably, it...
by Milan Vaishnav, CMT, MSTA | Aug 28, 2018 | Special Technical Articles
Dow Jones Industrial Index – DJIA which has resumed its up move after some prolonged consolidation that begins after the Index hit its lifetime high of 26616.71 on January 06, 2018. During corrective retracement that followed, it tested 23360 and thereafter remained...
by Milan Vaishnav, CMT, MSTA | Aug 13, 2018 | Special Technical Articles
On Monday, currencies across Emerging Markets saw themselves weakening against the US Dollar. This weakness had Turkish crises to blame as the Turkish Lira has lost nearly a quarter (25%) of its value against the US Dollar ever since the spat between Turkey and the US...
by Milan Vaishnav, CMT, MSTA | Jun 21, 2018 | Special Technical Articles
In early 2018, the NIFTY marked its lifetime high levels of 11171.55 and since then it has remained under consolidation for the rest of the time of this year. After marking this level, the NIFTY created a lower top for itself in the 10800-10850 zone and continued to...
by Milan Vaishnav, CMT, MSTA | Apr 16, 2018 | Special Technical Articles
Professional Technical Analysts often argue that if you know your Charts well, you can see much beyond the price. It is sometimes wonderful to see that even if one is not completely aware of the fundamental inputs; Market Participants know it all and it all gets...
Recent Comments