by Milan Vaishnav, CMT, MSTA | Mar 24, 2024 | Weekly Market Outlook
After a corrective action in the previous week, the Markets continued to wear a tentative look throughout the past week as well. In the previous technical note, it was mentioned that the level of 22525 has now become an intermediate top for the markets and any runway...
by Milan Vaishnav, CMT, MSTA | Mar 16, 2024 | Weekly Market Outlook
After inching higher for six weeks with intermittent corrective bouts, Indian equities finally took a breather and succumbed to a corrective move as it ended the week on a negative note. In the previous weekly technical outlook, it was categorically mentioned that the...
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...
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...
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....
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...
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