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Week Ahead: Markets Head Into The Union Budget Much Lighter Than Usual; Avoid Shorts While Staying Highly Selective

by Milan Vaishnav, CMT, MSTA | Jan 29, 2022 | Weekly Market Outlook

It was the second week in a row that remained predominantly corrective in nature as the benchmark index NIFTY50 ended on a negative note. Despite the negative week, there were feeble signs of the NIFTY trying to find some support and form a temporary base for itself....

Week Ahead: NIFTY Badly Needs To Defend Key Levels In The Coming Week; RRG Charts Show No Major Change In Sectoral Setup

by Milan Vaishnav, CMT, MSTA | Jan 22, 2022 | Weekly Market Outlook

In a week where the trading range remained much wider on the expected lines, the Indian equity markets remained predominantly under pressure. For four out of five days, the NIFTY remained under sustained corrective pressure as it ended each of the past four days in a...

Week Ahead: NIFTY Stays Inherently Buoyant But Prone To Some Consolidation; Watch These Sectors

by Milan Vaishnav, CMT, MSTA | Jan 15, 2022 | Weekly Market Outlook

In strong but modestly ranged sessions over the past five days, the Indian equity markets extended their up move for the fourth week in a row while it posted gains. The entire five sessions were strong; the markets traded with a positive bias and used each of the...

Week Ahead: NIFTY Likely To Stay Capped Until Below This Level; Pharma, Metals, and IT To Relatively Outperform

by Milan Vaishnav, CMT, MSTA | Jan 8, 2022 | Weekly Market Outlook

The Indian equity markets extended its up move for this week as well and ended with gains. The NIFTY gained for the first three trading sessions and then consolidated in the last two sessions of the week. The market continued to display its internal strength and looks...

Week Ahead: Coming Days May See NIFTY Consolidating With Positive Bias; These Sectors May Do Relatively Better

by Milan Vaishnav, CMT, MSTA | Jan 1, 2022 | Weekly Market Outlook

Except for some intermittent consolidation, the previous five trading days largely saw the markets advancing and extending their technical pullbacks on the anticipated lines. As mentioned in the previous technical note, the high Put OI at 17000 stayed constant and...

Week Ahead: NIFTY Placed At Key Juncture; RRG Chart Shows Likely Outperformance From These Pockets

by Milan Vaishnav, CMT, MSTA | Dec 25, 2021 | Weekly Market Outlook

Over the past five days, the Indian equity markets struggled to maintain their previous week’s closing levels. The beginning of the week was on a steeply negative note; the following four trading days after that were spent recouping from those lower levels. This...
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