Analysing India May 12, 2015 at 04:43 PM
Indian equities remain in a spot of bother amid heightened volatility and fundamental concerns (rising oil prices, weak monsoon expectations, slower than expected economic recovery – and the list is endless). Additionally, price action on the charts has been far from constructive over the last several weeks, and has clearly hinted at several troubles that are likely to jolt the market over the intermediate-term. Let’s begin with a macro perspective by looking at the Nifty 50 index (that covers 50 of the largest stocks in India) and analyze the charts from a multiple Read More
Analysing India May 04, 2015 at 11:33 PM
Today's price action in the Nifty 50 index has concluded with a sharp bounce (+1.84%) and a positive start to the week, forecasting the likelihood of a retracement after the recent correction left the Nifty 50 index retesting an important support level or a "Line in the Sand" amid sharp bearish momentum. Let’s dive down into the weekly chart for a big picture perspective followed by the daily chart for near-term trading opportunities. From a price action perspective, while all factors continue to point to further downside, a bounce from current levels looks likely Read More
Analysing India May 01, 2015 at 06:00 PM
Hello everyone! Welcome to my new blog – “Analysing India”! First of all, I would like to thank Chip Anderson for giving me this opportunity to express my thoughts, ideas and analysis of the Indian stock markets on the StockCharts.com platform. I am excited to get started, and am looking forward to being a part of a wonderful research team! Before I dive into my market analysis methodology, let me introduce myself briefly. My name is Vipul Ramaiya, and I am a CMT Charterholder with over 6 years of qualitative experience in capital market operations, technical & quantitative research Read More
