Analyzing India

June 2020

Analyzing India

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

by Milan Vaishnav

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 this week as well... Read More 

Analyzing India

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Week Ahead: NIFTY in Striking Distance of this Critical Resistance; RRG Charts Sectors Moving on Expected Lines

by Milan Vaishnav

After taking a breather during 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 in the previous week... Read More 

Analyzing India

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Why INR Is Resilient Against USD

by Milan Vaishnav

Despite rising over 20% from the low point seen in March 2020, the Indian equity markets have continued to underperform their global peers. The figures of the recent giant short-squeeze speak for itself. The headline index NIFTY50 has returned 12.99% over the past three months... Read More 

Analyzing India

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Special Note: Why This Humble Indicator Should Not Be Ignored

by Milan Vaishnav

Moving Averages are one of the most simple and age-old tools within a technician's toolkit. This humble indicator is nothing more than a smoothing tool, used for smoothing the price data to form a trend following indicator... Read More 

Analyzing India

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

by Milan Vaishnav

After a strong gain of 5.86% in the week prior to this past 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... Read More 

Analyzing India

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This Pharma Stocks Offers A Potentially Profitable Hedged Option Setup

by Milan Vaishnav

Piramal Enterprises Limited -- PEL.IN The stock has under-performed the Pharma Index over the past couple of weeks. Against the broader markets as well, the stock has not performed while it stayed in a prolonged sideways consolidation... Read More 

Analyzing India

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Week Ahead: These Things Happen in a Risk-On Setup: RRG Shows These Sectors Losing Relative Momentum

by Milan Vaishnav

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 an up week. The trading range of the week remained wider on the expected lines... Read More