by Milan Vaishnav, CMT, MSTA | Nov 6, 2021 | Weekly Market Outlook
In a three-day trading week truncated by festivities, the Indian equity markets attempted to stabilize on the expected lines. It rebounded from near the 50-DMA levels and also took support on an 18-month long upward rising trend line on the weekly charts. The NIFTY...
by Milan Vaishnav, CMT, MSTA | Oct 30, 2021 | Weekly Market Outlook
In the week before this one, the Markets had shown first signs of some fatigue as it had ended on a negative note leading to a dark cloud formation on the candles. Over the past five days, the Indian equity markets extended its correction; it went on to test and even...
by Milan Vaishnav, CMT, MSTA | Oct 23, 2021 | Weekly Market Outlook
After testing a fresh lifetime high at 18604, the Indian equity markets slipped into some corrective consolidation within a broad range. The bulk of the previous week was spent in the corrective mode as the NIFTY rapidly lost ground after testing a fresh lifetime...
by Milan Vaishnav, CMT, MSTA | Oct 16, 2021 | Weekly Market Outlook
In the interrupted week that was truncated on account of Dussehra on Friday, the Indian equity markets traded very much on the expected and analyzed lines. In the previous note, it was mentioned that given the structure of the technical patterns and the analysis of...
by Milan Vaishnav, CMT, MSTA | Oct 9, 2021 | Weekly Market Outlook
In the previous weekly note, it was mentioned that the markets have formed a broad trading and consolidation range between 17950 on the higher side and 17400 on the lower side. It was also analyzed that unless the NIFTY breaches the upper edge or violates the lower...
by Milan Vaishnav, CMT, MSTA | Oct 2, 2021 | Weekly Market Outlook
The week that went by remained on much of the analyzed lines. In the previous weekly note, it was mentioned that the NIFTY is unlikely to see any runaway rise as per the technical setup as well as the Options data that point in time. It was also mentioned that the...
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