by Milan Vaishnav, CMT, MSTA | Nov 25, 2023 | Weekly Market Outlook
The equity markets consolidated throughout the week. While staying in a narrow range and trading sideways for almost all days of the week, the Indices stayed devoid of any directional trend. Following strong weekly gains of over 1.58% in the week before this one, the...
by Milan Vaishnav, CMT, MSTA | Nov 18, 2023 | Weekly Market Outlook
In the choppy and truncated trading week, the markets extended their gains with some spurt in the volatility as well. In three out of four trading sessions, the Nifty index moved higher. In the previous technical note, it was categorically mentioned that the Nifty has...
by Milan Vaishnav, CMT, MSTA | Nov 4, 2023 | Weekly Market Outlook
In the previous technical note, while analyzing the patterns of the Nifty’s weekly chart, it was mentioned that the Index has achieved a full throwback. This occurs when the instrument gives up the breakout gains entirely and retests the original breakout point which...
by Milan Vaishnav, CMT, MSTA | Oct 28, 2023 | Weekly Market Outlook
The previous technical note categorically mentioned that the persistent low levels of VIX remain a cause of concern and a violation of 19400 can trigger a fresh downside for the markets. Quite on the expected lines, the NIFTY remained under severe corrective pressure...
by Milan Vaishnav, CMT, MSTA | Oct 21, 2023 | Weekly Market Outlook
The markets wore a largely corrective undertone throughout the past five sessions; it oscillated within a similar range as the previous week and closed on a negative note. The volatility remained on the lower side; as the volatility has been low, the bands contracted...
by Milan Vaishnav, CMT, MSTA | Oct 14, 2023 | Weekly Market Outlook
In the previous technical note, it was mentioned that the volatility gauge INDIAVIX stays at its lowest levels and this setup keeps the markets vulnerable to profit-taking bouts from the current levels. Over the past five days, the markets showed some signs of...
Recent Comments