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Week Ahead: NIFTY Stares At Crucial Support As It Rests On Major Pattern Support; RRG Chart Shows Mixed Sector Setup

by Milan Vaishnav, CMT, MSTA | Jul 3, 2021 | Weekly Market Outlook

Following a buoyant performance in the week before this one, the Indian equities had a quiet show over the past five days. The trading range throughout the previous week was narrower and rested itself on key support. The NIFTY approached its lifetime high point and...

Week Ahead: NIFTY At New High But On Weak Internal Strength; RRG Chart Shows Risk-on Setup In place

by Milan Vaishnav, CMT, MSTA | Jun 26, 2021 | Weekly Market Outlook

The stock markets once again had a buoyant week it saw the Indian headline Index NIFTY50 closing at its fresh lifetime high. The Indian markets had four consecutive weeks of gains. It piled up over 1121 points of gains and took a breather after that. However, after...

Week Ahead: Technical Structure Shows NIFTY’s Upside Capped Near This Point; RRG Chart Continues Throwing Mixed Cues

by Milan Vaishnav, CMT, MSTA | Jun 19, 2021 | Weekly Market Outlook

The Indian equity markets took a breather in the week gone by as it halted its four consecutive weeks of gains. Over the past month, the NIFTY had piled up 1121.55 points of gains. However, of the past five days, the NIFTY retraced after marking its fresh lifetime...

Week Ahead: Buoyant NIFTY Has These Things To Guard Against; RRG Chart Shows Mixed Sectoral Setup

by Milan Vaishnav, CMT, MSTA | Jun 5, 2021 | Weekly Market Outlook

It was for the third week in a row that the Indian equity markets continued with their up move. The week that went by saw the NIFTY50 index scaling a fresh high and also ending at its new lifetime high point. This has seen the Indian headline index now being placed in...

Week Ahead: NIFTY Stays Buoyant; Keeping Eye On Volatility Important Because Of This

by Milan Vaishnav, CMT, MSTA | May 29, 2021 | Weekly Market Outlook

The week that went by remained a trending one as the NIFTY attempted to break out of the channel, and in the process tested and marked a new lifetime high on the last trading day of the week. The trading range during the week remained narrower; the index moved in a...

Week Ahead: Chase Momentum Selectively; RRG Chart Shows One More Defensive Sector Rolling Inside The Leading Quadrant

by Milan Vaishnav, CMT, MSTA | May 22, 2021 | Weekly Market Outlook

Despite intermittent hiccups in between, the week that went by stayed much better than expected for the Indian markets. The NIFTY not only averted the bearish consequence of the violation of the rising trend line, but it also went on to end the week while posting...
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