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Week Ahead: NIFTY Stares at Both Incremental Highs As Well As Consolidation At Higher Levels; Tread With Caution

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

The markets continued to trade on expected lines. The trading week was short as Friday was a trading holiday on account of Mahashivratri. In the four trading sessions, the markets stayed choppy and failed to make any definite and convincing moves while they continued...

Week Ahead: Additional Trading Session On Saturday; NIFTY Shows Likely Fatigue At Higher Levels

by Milan Vaishnav, CMT, MSTA | Mar 1, 2024 | Weekly Market Outlook

The markets traded in the previous week on analyzed lines. It was largely expected that the markets may not see any runaway upmove but may keep the overall trend intact. In line with these expectations, the Nifty traded in a defined range ending the week on a modestly...

Week Ahead: NIFTY Likely To Continue To Consolidate; Relative Outperformance May Be Seen Here

by Milan Vaishnav, CMT, MSTA | Feb 24, 2024 | Weekly Market Outlook

In the previous technical note, it was categorically mentioned that while the overall trend may stay intact, the markets may continue to largely consolidate. In line with the analysis, the markets continued to consolidate and stay in a broad but defined trading range....

Week Ahead: NIFTY Stays In A Defined Range; Expect Directional Moves Only Outside These Levels

by Milan Vaishnav, CMT, MSTA | Feb 18, 2024 | Weekly Market Outlook

Some serious consolidation continued in the markets as the Nifty oscillated in a defined range before closing the week with modest gains. Examination of daily charts shows that the Nifty tested its 50-DMA again and rebounded from that level while defending that point...

Week Ahead: NIFTY Set To Consolidate In A Broad Range; Runaway Moves Unlikely Below These Levels

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

Two weeks of decline, one week of advance, and a week of consolidation. This is what sums up the market activity over the past month. The markets consolidated over the past week and stayed largely within a defined trading range. The previous five sessions have...

Week Ahead: NIFTY May See Sharp Moves; Volatility May Spike Over The Coming Days

by Milan Vaishnav, CMT, MSTA | Jan 27, 2024 | Weekly Market Outlook

The previous week was reduced to just a short 3-day trading week as Monday was declared a special holiday while on Friday, the markets remained shut on account of Republic Day. Despite this, the markets remained extremely choppy and traded in a much wider range as...
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