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Week Ahead: NIFTY Edge Higher If Stays Above This Point; RRG Chart Hints At Leadership From These Sectors

by Milan Vaishnav, CMT, MSTA | Aug 14, 2021 | Weekly Market Outlook

In the early weekly note, it was mentioned that the following eight weeks of consolidation, the NIFTY has finally staged a breakout while dragging its support levels considerably higher. Over the past five days, the NIFTY extended its gains while it closed at yet...

Week Ahead: NIFTY Likely To Positively Consolidate; These Sectors Are Likely To Put Up Resilient Show

by Milan Vaishnav, CMT, MSTA | Aug 7, 2021 | Weekly Market Outlook

After eight weeks of consolidation, the Indian markets gave yet another break out as it surged above the crucial 15900-15950 zone. The past four out of five saw the markets inching relentlessly higher as it not only demonstrated renewed strength but also made the...

Week Ahead: NIFTY Stays Crucially Poised; RRG Charts Hints At Markets Turning Defensive

by Milan Vaishnav, CMT, MSTA | Jul 31, 2021 | Weekly Market Outlook

It was one more consolidating week for the Indian equity markets. The NIFTY continued to consolidate over the past five days. Despite a couple of attempts, it failed to clear the important resistance of the the15900-15950 zone and suffered violent profit-taking twice...

Week Ahead: NIFTY Stares at Limited Upsides; RRG Chart Shows Absence Of Any Distinct Sectoral Leadership

by Milan Vaishnav, CMT, MSTA | Jul 24, 2021 | Weekly Market Outlook

Following a volatile week, the NIFTY finally took some breather as it traded within a defined range before closing with modest losses. The first half of the week saw sharp corrective moves from the higher levels; the second half of the week saw the NIFTY rebounding on...

Week Ahead: Stay Alert As NIFTY Awaits A Breakout Amid Weak Technical Setup

by Milan Vaishnav, CMT, MSTA | Jul 17, 2021 | Weekly Market Outlook

The Indian equities showed a lot of resilience throughout the past five trading days and managed to close on a fresh weekly near its fresh all-time high point. The markets stayed resilient to the downsides, but at the same time, showed fierce consolidation at higher...

Week Ahead: NIFTY Mildly Violates This Pattern Support; RRG Chart Shows Mixed Sectoral Trends

by Milan Vaishnav, CMT, MSTA | Jul 10, 2021 | Weekly Market Outlook

Over the past five days, the Indian equity markets consolidated and traded in the limited range while it ended the week with a modest loss. The NIFTY oscillated in the same range as the week before this one; though it ended on a negative note, it has also formed a...
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