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Week Ahead: NIFTY Shows A Weak Technical Setup; RRG Charts Shows These Sectors Making Strong Moves

by Milan Vaishnav, CMT, MSTA | May 15, 2021 | Weekly Market Outlook

The truncated trading week stayed disappointing in ways more than one. When it just appeared that the NIFTY has rectified its violation of the immediate and important trend line support, it has violated it again while taking support on the short-term 20-Week MA. The...

Week Ahead: NIFTY Within The Falling Channel; RRG Chart Show These Two Defensive Sectors Rolling Over To Improving Quadrant

by Milan Vaishnav, CMT, MSTA | May 8, 2021 | Weekly Market Outlook

In a week that remained technically important, the markets pulled up from the lows that were marked in two previous weeks. The NIFTY saw a narrower trading range than the week before this one. The Index oscillated in a 446-points range over the past five sessions and...

Week Ahead: NIFTY Has A Challenging Phase To Navigate; RRG Points At Likely Relative Underperformance From These Sectors

by Milan Vaishnav, CMT, MSTA | May 1, 2021 | Weekly Market Outlook

In a week where the trading range remained wider than usual, the Indian equities took a serious cut on Friday’s session; however, it managed to close the week on a positive note. In the previous weekly note, it was mentioned that the NIFTY was trading inside the...
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