by Milan Vaishnav, CMT, MSTA | Jul 29, 2023 | Weekly Market Outlook
After closing with gains for four weeks in a row, the markets finally took a breather on the expected lines. In the previous weekly technical note, it was mentioned that the formation of a Shooting Star on candles has the potential to temporarily halt the present...
by Milan Vaishnav, CMT, MSTA | Jul 22, 2023 | Weekly Market Outlook
It is exactly a month when the NIFTY staged a major breakout by crossing above the previous high point of 18887; this time, it was the fourth week in a row when the markets extended their gains. This has also led to the markets closing at their fresh record lifetime...
by Milan Vaishnav, CMT, MSTA | Jul 15, 2023 | Weekly Market Outlook
It was the third week in a row that the markets extended their gains; the NIFTY had staged a breakout when it crossed above the 18880 levels. This has resulted in the NIFTY closing at yet another lifetime high. This has taken the markets into a mildly overbought zone;...
by Milan Vaishnav, CMT, MSTA | Jul 8, 2023 | Weekly Market Outlook
In the previous weekly technical outlook, it was mentioned that the markets have attempted a strong breakout which can be termed as one of the major ones; this week, it showed some signs of tiredness while still managing to end the week on a positive note. The markets...
by Milan Vaishnav, CMT, MSTA | Jul 1, 2023 | Weekly Market Outlook
After testing the prior top of 18887 multiple times during the last five sessions, the Indian equity markets finally attempted a long-awaited breakout by moving past this point and closing near the high point of the week. While the market breadth improved a bit, the...
by Milan Vaishnav, CMT, MSTA | Jun 24, 2023 | Weekly Market Outlook
After a strong performance in the week before this one, the markets chose to take a breather. The NIFTY went within the kissing distance of the all-time high level of 18887 and saw corrective pressures at that point. The markets kept on testing these crucial levels...
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