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Week Ahead: NIFTY Show Evident Signs of Fatigue; Guard Profits & Keep Looking For Relative Strength

by Milan Vaishnav, CMT, MSTA | Jun 21, 2024 | Weekly Market Outlook

The markets consolidated throughout the past week; the week was a shortened one with Monday, June 17th being a holiday on account of Bakri Eid. The past five sessions saw the markets staying in a capped range throughout the day. Even when the Nifty kept marking...

Week Ahead: NIFTY May Stay Tentative; Look For Stocks With Strong Relative Strength

by Milan Vaishnav, CMT, MSTA | Jun 14, 2024 | Weekly Market Outlook

The week that went by was in stark contrast to the week before that as the markets remained in an extremely narrow range before closing with modest gains. The markets demonstrated a peculiar feature over the past five sessions; on four out of five trading days, the...

Week Ahead: Despite Pullback, Breadth Remains A Concern; Nifty Stays Prone To Retracement

by Milan Vaishnav, CMT, MSTA | Jun 8, 2024 | Weekly Market Outlook

The markets had an incredibly eventful week as they reacted to the exit polls and the actual general election results. All happened in the same week; the Nifty saw itself formin a fresh lifetime high and also came off close to 8% from its peak. A remarkable recovery...

Week Ahead: Markets’ Reaction to Exit Poll and General Election Results

by Milan Vaishnav, CMT, MSTA | Jun 2, 2024 | Weekly Market Outlook

The Indian equities experienced a notably eventful previous week, marked by a fresh lifetime high and a subsequent decline of over 400 points within the same week. Over the past five sessions, the Nifty 50 index fluctuated within a 693.80-point range before closing...

Week Ahead: NIFTY Set To Move Within This Volatile Range; Curtailing Leveraged Exposures Is Recommended

by Milan Vaishnav, CMT, MSTA | May 25, 2024 | Weekly Market Outlook

It was a truncated day for the markets; over the past four trading sessions, the Indian equities continued to edge higher and ended on a fresh lifetime high. The volatility too remained at elevated levels. As mentioned in the previous technical note, the markets are...

Week Ahead: Markets To Stay Tentative; This Defensive Sector May Start Showing Relative Outperformance

by Milan Vaishnav, CMT, MSTA | May 10, 2024 | Weekly Market Outlook

In the previous technical note, we had expressed concerns over the Nifty and VIX rising in the same direction simultaneously. As mentioned earlier, in such circumstances, the VIX often ends up acting as a lead indicator and a precursor to an impending corrective move....
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