by Milan Vaishnav, CMT, MSTA | Nov 14, 2024 | Weekly Market Outlook
The Indian benchmark Nifty 50 extended its corrective decline. Over the past four sessions of a truncated week, the Nifty 50 index remained largely under selling pressure. Throughout the past week, the markets continued with their process of mean-reversion. The...
by Milan Vaishnav, CMT, MSTA | Nov 9, 2024 | Weekly Market Outlook
The markets continued to stay tentative over the past five days while continuing to trade with a weak undertone. The Nifty digested the reaction to the US election outcome. There were two days of a strong technical rebound; this was sold into subsequently which kept...
by Milan Vaishnav, CMT, MSTA | Nov 1, 2024 | Weekly Market Outlook
Over the past five sessions, the Nifty largely consolidated but did so with a bearish undertone. The Nifty traded in a defined range and closed the week with a modest gain. Importantly, the index also stayed below its crucial resistance points. The volatility also...
by Milan Vaishnav, CMT, MSTA | Oct 26, 2024 | Weekly Market Outlook
The over-deviated markets continued to extend their losses for the fourth week in a row. Over the past five days, barring a few feeble attempts to stage a technical rebound, the Nifty remained largely under sustained selling pressure. The markets extended their...
by Milan Vaishnav, CMT, MSTA | Oct 19, 2024 | Weekly Market Outlook
The markets closed on a negative note for the third week in a row; over the past five sessions, the Nifty remained largely on a declining trajectory except for the last trading day where it saw some relief rally from the lower levels. Following a strong weekly decline...
by Milan Vaishnav, CMT, MSTA | Oct 12, 2024 | Weekly Market Outlook
The week that went by was in complete contrast to the week before as the markets heavily consolidated in a tight range. In the week before this one, the Nifty had seen a significant retracement of over 1167 points; however, over the past five trading days, the index...
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