Analyzing India

August 2020

Analyzing India

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

by Milan Vaishnav

The Indian equity markets continued their unabated liquidity-driven up move and ended with 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... Read More 

Analyzing India

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

by Milan Vaishnav

After taking a breather in the week prior, this week the markets resumed their 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... Read More 

Analyzing India

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Week Ahead: These are Two Concerning Factors for NIFTY; RRG Chart Shows Dearth of Sectors in Dominant Position

by Milan Vaishnav

This was a week when the markets perfectly respected the technical levels; they 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... Read More 

Analyzing India

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A Potential Breakout from a Bollinger Band Squeeze

by Milan Vaishnav

SBIN.in (State Bank Of India) SBI.in has seen a prolonged period of low volatility over the past several weeks, which has led to contraction of the Bollinger bands. Periods of low volatility are often followed by the periods of high volatility... Read More 

Analyzing India

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Week Ahead: NIFTY Likely to Stay in a Range; RRG Chart Shows These Sectors Staying Resilient

by Milan Vaishnav

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... Read More 

Analyzing India

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Week Ahead: NIFTY Makes Some Room for Consolidation at Higher Levels; Expect RRG Leadership From These Sectors

by Milan Vaishnav

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... Read More