by Milan Vaishnav, CMT, MSTA | Oct 8, 2022 | Weekly Market Outlook
In the previous technical note, it was mentioned how the Indian equities stayed in a defined range as they traded within the defined corners while respecting basic technical levels. In the week that has gone by, the NIFTY once again made measured moves; continued to...
by Milan Vaishnav, CMT, MSTA | Oct 1, 2022 | Weekly Market Outlook
In a week that was volatile for the Indian markets, the NIFTY50 index oscillated in a 448-point range before ending with a net loss. In the week before this one, the NIFTY had closed above the 50-Week MA which is presently placed at 17100; the index slipped below this...
by Milan Vaishnav, CMT, MSTA | Sep 24, 2022 | Weekly Market Outlook
The week that went by remained much contradictory in nature; however this statement holds only if we look at with from different perspectives and different timeframes. The markets certainly remained highly volatile as they reacted to the reactions of the global...
by Milan Vaishnav, CMT, MSTA | Sep 17, 2022 | Weekly Market Outlook
While continuing to stay resilient while outperforming the global markets, the Indian equities delayed their breakout as they continued to resist the important pattern resistance on the charts. While a strong attempt to break above the crucial resistance zones was...
by Milan Vaishnav, CMT, MSTA | Sep 10, 2022 | Weekly Market Outlook
In the previous weekly technical note, it was categorically mentioned that the markets have created a defined trading zone for themselves. This trading zone had the 50-Week MA as its lower support area; the upper resistance existed near the 17600-17700 area. After a...
by Milan Vaishnav, CMT, MSTA | Sep 3, 2022 | Weekly Market Outlook
Although the markets ended flat on a weekly note, the past five sessions remained quite volatile. The markets stepped into the week while inheriting a very weak global trade setup; the weakness was inflicted by very bearish reactions of the US markets following Jerome...
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