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Week Ahead: Consolidation Likely As NIFTY Tests Crucial Levels; Guard Profits Mindfully

by Milan Vaishnav, CMT, MSTA | Dec 7, 2024 | Weekly Market Outlook

The markets closed with gains for the third week in a row as the key indices posted gains while extending their technical rebound. The Nifty had a trending week; it trended higher most of the week. The volatility was largely absent, but the Indices stayed quite choppy...

Week Ahead: NIFTY Defends This Crucial Support; Chase Rebounds Mindfully

by Milan Vaishnav, CMT, MSTA | Nov 23, 2024 | Weekly Market Outlook

In a truncated trading week, the Indian equities closed the week with gains thanks to a robust technical rebound that it witnessed on Friday. The Nifty continued to wear a corrective look for three days; on the last trading day of the week, the Index managed to get...

Week Ahead: NIFTY May See Mild Rebounds; Painful Mean Reversion May Continue

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...

Week Ahead: NIFTY Likely To Stay Sluggish; Multiple Resistances Are Nestled In This Zone

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...

Week Ahead: NIFTY May See Stable Start; Likely To Remain Under Selling Pressure At Higher Levels

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...

Week Ahead: NIFTY Violates Key Support Levels; Drags Resistance Lower

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...
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