by Milan Vaishnav, CMT, MSTA | Nov 19, 2022 | Weekly Market Outlook
The markets navigated the past week quite on the analyzed lines; what we witnessed was a classical consolidation taking place. The NIFTY did not take any directional move throughout the week. Intermittent profit-taking bouts were seen; on the other hand, these phases...
by Milan Vaishnav, CMT, MSTA | Nov 12, 2022 | Weekly Market Outlook
In the truncated week that went by, the NIFTY traded much on the analyzed lines. Despite staying volatile, it largely remained buoyant while it extended its move on the upside. In the previous week’s technical note, there was a categorical mention of the possibility...
by Milan Vaishnav, CMT, MSTA | Nov 6, 2022 | Weekly Market Outlook
In a week that remained pretty much buoyant, the equity markets continued with their up move as they added to their gains; in the process, they also confirmed the breakout above the all-important falling trend line pattern resistance on the higher time frame charts....
by Milan Vaishnav, CMT, MSTA | Oct 29, 2022 | Weekly Market Outlook
After spending nearly 10 weeks below the falling trend line pattern resistance and taking support at important levels, the NIFTY has finally attempted to break above this significant resistance pattern. In the short trading week interrupted by a holiday, the markets...
by Milan Vaishnav, CMT, MSTA | Oct 22, 2022 | Weekly Market Outlook
After taking support near the key levels on the charts, the NIFTY finally resumed its up move as it ended the weak on a decently positive note. The last three weeks had seen the index taking support at its 20-Week MA; finally, following the moves that it has seen over...
by Milan Vaishnav, CMT, MSTA | Oct 15, 2022 | Weekly Market Outlook
Despite the scale of volatility represented by gaps over the previous days, the NIFTY has by and large maintained its crucial support levels on the weekly charts. The previous technical note mentioned how the Index has created and maintained its crucial support; it...
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