Analyzing India

December 2019

Analyzing India

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Are We Looking At Some Moves Here?

by Milan Vaishnav

JUBLFOOD.IN This stock has seen 2 months of sideways moves and, during this time of consolidation, the RS line, which compares the stock against the broader NIFTY 500 Index, is strongly moving higher... Read More 

Analyzing India

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Week Ahead: NIFTY at a Crucial Juncture Again; RRG Chart shows Steady Rotation of These Sectors

by Milan Vaishnav

With just two trading days left in the year, this week will usher us into 2020. The markets are set to end near their highs this year, but they are also leaving us at a critical juncture if we look at the market technical from the long-term point of view... Read More 

Analyzing India

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Week Ahead: Follow Trend Cautiously as Loss Of Momentum Seen; RRG Tells Us to Focus on These Sectors

by Milan Vaishnav

The risk-on global setup, which had begun a week before, continued throughout the past week as well. The resultant buoyant setup fueled the Indian markets higher as well, which ended at their high lifetime levels... Read More 

Analyzing India

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As The NIFTY is Marking New Highs...

by Milan Vaishnav

The Indian headline index NIFTY ($NIFTY) moved past its double top resistance level of 12103 on a closing basis, ending at a fresh life-time high at 12221.25. However, looking at the broader NIFTY500 Index ($CNX500) throws up some interesting insights... Read More 

Analyzing India

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Week Ahead: NIFTY Crucially Poised with Mixed Cues; RRGs Suggest These Groups Will Relatively Outperform

by Milan Vaishnav

The risk-on global setup towards the end of the week saved the Indian markets from ending on a net negative note. Following a weak initial performance, the Indian markets picked up in the second half of the week... Read More 

Analyzing India

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Week Ahead: NIFTY Crucially Poised; RRG Shows Loss of Momentum Among a Few Sectors

by Milan Vaishnav

In contrast to the one that came before, this past week gave back all its gains while ending near the low point of the trading range... Read More