by Milan Vaishnav, CMT, MSTA | Apr 23, 2022 | Weekly Market Outlook
The bulk of the past five sessions was spent on a corrective note by the Indian equity markets. There were bounces that did not sustain; the NIFTY has struggled to keep its head above the 200-DMA level. The previous week saw a wide trading range of 590 points. In the...
by Milan Vaishnav, CMT, MSTA | Apr 16, 2022 | Weekly Market Outlook
In the previous weekly technical note, it was mentioned that given the shortened trading week with two trading holidays, the equity markets may exhibit a tentative and cautious bias and may not show any major move on the upside. While keeping in line with this...
by Milan Vaishnav, CMT, MSTA | Apr 9, 2022 | Weekly Market Outlook
The beginning of the previous week saw the NIFTY testing important pattern resistance levels. After a strong performance on Monday, the next three days of the week were spent by the NIFTY showing a weak and corrective bais as it came off rapidly from the high levels...
by Milan Vaishnav, CMT, MSTA | Apr 2, 2022 | Weekly Market Outlook
In a trending and strong week, the Indian equity markets staged a strong move and ended with gains. In the week before this one, the markets had taken a breather; however, the past five-session saw the NIFTY moving higher again. After spending some time and struggling...
by Milan Vaishnav, CMT, MSTA | Mar 26, 2022 | Weekly Market Outlook
In the previous weekly note, it was mentioned that it was just the short covering that had fueled the rally over the past two weeks. The NIFTY had piled up over 1100-points in the two weeks before this week. There were clear signs of some impending consolidation at...
by Milan Vaishnav, CMT, MSTA | Mar 19, 2022 | Weekly Market Outlook
In the week before this one, looking at the quantum of the fresh short positions in the system, a strong possibility of the short-covering led rally was expected. The previous week saw a strong rally, obviously fueled by short-covering, which led to weekly gains of...
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