by Milan Vaishnav, CMT, MSTA | Jun 17, 2023 | Weekly Market Outlook
In what can be called a fairly buoyant week of trade, NIFTY went on to move towards its previous high point and closed at its lifetime high. The financials, though, represented by Banknifty (Nifty Bank) relatively underperformed as the Banknifty Index closed on a flat...
by Milan Vaishnav, CMT, MSTA | Jun 10, 2023 | Weekly Market Outlook
This was the second week in a row when the markets delayed their breakout and continued to flirt with the key levels. This time, the markets continued to stay largely in a defined range while continuing to resist the key levels. The NIFTY50 index stayed above the...
by Milan Vaishnav, CMT, MSTA | Jun 3, 2023 | Weekly Market Outlook
After posting decent gains in the week before this one, NIFTY chose to consolidate this time just below the key breakout levels. The five sessions were largely consolidatory in nature; the markets stayed devoid of any direction throughout this time and consolidated...
by Milan Vaishnav, CMT, MSTA | May 27, 2023 | Weekly Market Outlook
After taking a brief breather last week, the Indian equities extended their up move this time. After trading buoyant and with limited downsides all through the last five sessions, the headline index ended on a decently positive note. The Nifty oscillated in a 329.70...
by Milan Vaishnav, CMT, MSTA | May 20, 2023 | Weekly Market Outlook
After rising three weeks in a row, the Indian equities took a breather as they ended the week on a negative note much on the anticipated lines while resisting the key levels. There has been a slight divergence between the Indian markets and the global markets....
by Milan Vaishnav, CMT, MSTA | May 13, 2023 | Weekly Market Outlook
VIX rose through the week, and so did the NIFTY. Over the past five sessions, the Indian equity markets continued to inch higher showing a lot of resilience, and ended with a modest gain over the week. Over the past several weeks, the persistently low levels of VIX...
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