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Blog posts : "Weekly Market Outlook"

Week Ahead: Slippery Road Ahead For the NIFTY; RRG Charts Show No Major Shift On The Sectoral Front

The week remained largely uneventful for the markets as they traded in a narrow range and consolidated over the past five days. The trading range also remained much narrow as compared to the earlier weeks. The NIFTY witnessed a movement in the band of just 235-odd point while avoiding taking any dir…

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Week Ahead: This Fractal Pattern Is A Concerning Factor For Near Term; RRG Charts Tell To Stay Sector-Specific

The Indian equities ended the week with modest gains as it struggled to keep afloat when the global markets showed sharp corrective moves leading to the revision of means. In a trading range that stayed narrower if compared to the week before this one, the headline index ended with gains while the b…

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Week Ahead: Staying Above These Levels Crucial For NIFTY; RRG Chart Shows These Sectors Continuing To Outperform

In a wide-ranging trading week, the Indian equity markets halted its four-month winning streak. The NIFTY met its important pattern resistance from where it reacted. Over the past five trading sessions, the NIFTY saw a trading range of close to 500-points. Amid volatile moves, it was a time for unde…

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Week Ahead: Dollar Deluge May Push The Markets Some More; RRG Chart Shows These Broader Indexes In The Leading Quadrant

The Indian equity markets continued its unabated liquidity driven up move and ended the end yet another week with gains. The past five days remained less volatile than expected as the NIFTY remained in a defined range of 275-odd points. The directional move, however, remained unidirectional as the I…

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Week Ahead: These Two Factors Will Affect NIFTY; RRG Chart Point Towards Broader Indexes Performing Well

After taking a breather in the week before this one, the markets resumed its move higher and posted some incremental gains once again. Over past five days, the NIFTY has experienced range bound oscillations with the range still being close to its normal trading width. At the same time, the Index als…

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Week Ahead: These Are Two Concerning Factors For NIFTY: RRG Chart Show Dearth Of Sectors In Dominant Position

This was a week when the markets perfectly respected the technical levels; took a breather and ended with a minor loss. Over the past five days, the NIFTY piled up incremental gains, but the last trading day reversed all those little gains. The NIFTY oscillated in a narrow 262-point range but headed…

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Week Ahead: NIFTY Likely To Stay In A Range; RRG Chart Show These Sectors Staying Resilient

After clocking robust gains in July, the NIFTY started off the first week of August on a positive note. Over the past five sessions, the markets traded in a 374-point range before closing the week with modest gains. The NIFTY stayed above its critical levels on both the daily and the weekly time fra…

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Week Ahead: NIFTY Makes Some Room For Consolidation At Higher Levels; RRG Chart Expect Leadership From These Sectors

After testing a couple of important levels in the week before this one, the NIFTY took a breather and consolidated over the past five sessions. In the previous weekly note, we had highlighted that the momentum at higher levels is diminishing and this might lead to some consolidation at higher levels…

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Week Ahead: Chase Momentum Vigilantly If NIFTY Attempts Higher Levels; RRG Chart Show This Sector Taking a U-Turn

The week before this one had seen the headline Index testing a couple of important levels on daily and weekly time frame charts. On the daily chart, the Index had closed a notch above the 200-DMA; on the weekly chart, it had tested the 50-Week MA. Over the past five session, the markets displayed a …

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Week Ahead: NIFTY Has These Three Important Levels To Deal With; RRG Charts Clearly Shows Change Of Leadership

In the previous weekly note, we had mentioned about the markets losing momentum in general despite some measured incremental up moves. The week that went by traded much on the anticipated lines. The trading range increased over the past couple of days as the NIFTY continued to witness selling pressu…

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Week Ahead: NIFTY Displays Diminishing Momentum; RRG Chart Has Only This Sector Comfortably Placed In Leading Quadrant

The Indian equity markets went on to end its fourth week in a row with gains as the NIFTY extended its up move. However, unlike the previous week, the trading range narrowed down considerably, and the momentum appeared to be losing its strength as well. As compared 400-point trading range seen in th…

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Week Ahead: NIFTY To Make Measured Moves; RRG Chart Show Sector Rotation On Expected Lines

The NIFTY continued its surge for the third week in a row as it extended its gains. In the previous weekly note, we had mentioned the possibilities of the mild extension of the up move. In the week that went by, the NIFTY saw itself oscillating in a slightly expanded range. The trading range for the…

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Week Ahead: NIFTY Crucially Poised Amid Mixed Signals; RRG Chart Shows This Sector Topping Out

In a relatively less volatile week, the Indian equities continued to surge higher amid liquidity driven rally. After gaining 2.72% in the week before this one, the NIFTY extended its up move in this week as well. The index saw range bound movement of just 359 points over the past five session, which…

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Week Ahead: NIFTY In Striking Distance Of This Critical Resistance; RRG Charts Sectors Moving On Expected Lines

After taking a breather in the week before this one, the Indian equity markets moved higher again and closed the week with decent gains. The trading range remained less wide than the previous week. The earlier week had seen the NIFTY oscillating in a 784-point wide range; this time, the Index oscill…

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Week Ahead: NIFTY Likely To Struggle At Higher Levels; RRG Chart Shows Rotation Changing Hands

After a strong gain of 5.86% in the week before this one, the NIFTY took a breather after rising nearly 1000 points over the past couple of days following a strong liquidity gush fueled by global risk-on environment.  The past couple of days stayed volatile, especially the last trading session of th…

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Week Ahead: These Things Happen In A Risk-On Setup: RRG Shows These Sector Losing Relative Momentum

In a yet another week where we witnessed a gush of liquidity continuing to chase the equities, the Indian equity markets saw a buoyant week and ended once again with week. The trading range of the week remained wider on the expected lines. The headline index oscillated over in a wide range, and by t…

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Week Ahead: NIFTY Moves Towards The Major Resistance Zone; RRG Shows Diminishing Outperformance From These Sectors

The previous week remained much contrary than expected; instead on being still a one with a ranged movement, it stayed a wide ranging one with the Index ending with robust gains. The NIFTY saw a 600-point wide trading range which also remained much broader than expected. The NIFTY pulled back from t…

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Week Ahead: NIFTY May See Ranged Movements; RRG Chart Tells This Sector May Offer Maximum Alpha

Markets ended a week which continued to remain much on the expected lines, except that the volatility was much less than what was expected. Also, the markets continued to display lack of directional bias throughout the week. Despite making a sharply lower top and lower bottom for this week, the trad…

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Week Ahead: NIFTY Likely To Continue Exhibiting Bearish Intent; RRG Shows This Sector Topping Out

The past couple of days went much on the anticipated lines as the markets, in general, as it continued to portray a bearish undertone and ended the weak on a negative note. After halting the pullback, the NIFTY has formed a lower top near 9900 levels and continued its slide, confirming the same leve…

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Week Ahead: NIFTY Marks This Imp Technical Event; RRG Chart Shows These Key Sectors Continuing To Lag

The markets fared much on the expected lines over the past five sessions. In the previous weekly note, we had mentioned that if the NIFTY failed to move past the last week’s high, it might end up forming a lower top for itself. The things turned out on the anticipated lines; the 11-year old trend li…

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