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Week Ahead: NIFTY Faces An Imminent Consolidation; This Index May Finally Start To Relatively Outperform

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...

Week Ahead: NIFTY Stares At Scaling New Highs; These Sectors May Relatively Outperform

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...

Week Ahead: NIFTY Likely To Continue To Consolidate; May Stay Within The Broad Trading Range

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...

Week Ahead: NIFTY To Stay Largely Stable; Uptrend Intact So Long As Markets Are Above This Point

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...

Week Ahead: Broader Markets Set To Relatively Underperform; What These Nifty Levels Closely

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...

Week Ahead: These Levels Make Crucial Support For NIFTY; Stay Highly Selective

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...
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