by Milan Vaishnav, CMT, MSTA | Jan 12, 2024 | Weekly Market Outlook
After consolidating for the most of the week, the markets extended their upmove and ended at yet another record lifetime high. In the past four out of five sessions, the markets were seen consolidating and stayed under limited corrective retracement. However, they did...
by Milan Vaishnav, CMT, MSTA | Dec 30, 2023 | Weekly Market Outlook
The equity markets have ended the year on a very strong note. As the week comes to a close, we not only end the month but also the year. On a monthly basis, the Nifty has had a stellar run this December as it gained 1598 points (+7.94%). On a YTD basis, Nifty has been...
by Milan Vaishnav, CMT, MSTA | Dec 23, 2023 | Weekly Market Outlook
In the previous technical note, it was categorically mentioned that given the unabated upmove in the markets, they have risen near-vertically. This has caused the Indices to deviate greatly from their mean making them overextended and prone to violent profit-taking...
by Milan Vaishnav, CMT, MSTA | Dec 15, 2023 | Weekly Market Outlook
Continuing with the unabated upmove, the markets went on to post their fresh lifetime highs once again; Nifty has ended on a fresh lifetime high on a closing basis as well. The rally this week was propelled by the Fed which kept the interest rates unchanged. While...
by Milan Vaishnav, CMT, MSTA | Dec 8, 2023 | Weekly Market Outlook
The markets continued their unabated upmove; following a strongly trending week, the Nifty not only ended at a fresh life-time high point, but it also closed with gains for the sixth consecutive week. The markets piled up decent returns despite some sings of...
by Milan Vaishnav, CMT, MSTA | Dec 3, 2023 | Weekly Market Outlook
Following a strong consolidation in the week before this one, the markets finally staged a decisive rally over the past four sessions of the truncated week. The benchmark index NIFTY50 surged in all four sessions; it went on to move past the previous lifetime high of...
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