Analyzing India

November 2019

Analyzing India

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Week Ahead: RRG Shows Private Banks & Financials Rolling Over; Coming Days Crucial for NIFTY

by Milan Vaishnav

After healthy consolidation around the 12000 level over the past couple of weeks, the NIFTY has attempted to break above a year-long secondary trend that it was in by ending the week with gains... Read More 

Analyzing India

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Week Ahead: NIFTY May Find it Difficult to Deal with Stiff Overhead Resistance; Watch these Sectors

by Milan Vaishnav

As I complete this weekly technical note, I have just wound up the inaugural CMT India Summit at Mumbai yesterday. Insights shared by the Association's co-founder Ralph Acampora, Martin Pring and Julius de Kempenaer were the key takeaways of the event... Read More 

Analyzing India

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Week Ahead: NIFTY Healthy But Exhausted At Higher Levels; RRG Shows These Sectors To Outperform

by Milan Vaishnav

The week that went by continued to trade on the expected lines, while the 12000-12050 zone continued to pose resistance to the markets on the upside. The week was spent with the markets consolidating at higher levels while demonstrating weakness near the critical resistance zone... Read More 

Analyzing India

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Week Ahead: Higher Levels Sustainable Only If This Bearish Divergence Is Corrected; Caution Advised

by Milan Vaishnav

The previous week played out very much on expected lines. In our last weekly note, we mentioned that NIFTY is facing stiff resistance in the 12000-12100 area and that the bearish divergences are not allowing a clean breakout on the charts... Read More 

Analyzing India

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Bearish Divergences Hindering A Clean Breakout; Fingers Crossed For The Coming Week

by Milan Vaishnav

During a truncated week that began with a short Mahurut session, the markets ushered us into the new year on a buoyant note... Read More