Analyzing India

December 2020

Analyzing India

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Week Ahead: NIFTY Shows First Signs of Broad Consolidation, Even if it Shows Incremental Moves; These Sectors Poised for Strong Move

by Milan Vaishnav

In the recent weekly notes, we had mentioned the markets getting overstretched and overextended over the immediate short term... Read More 

Analyzing India

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Is This Stock In For A Major Trend Reversal?

by Milan Vaishnav

Take Solutions (TAKE.IN) The study of both Daily and Weekly timeframes presents a few interesting insights. The patterns appearing on both the timeframes are fractal. The area pattern that appears on the Daily timeframe is also present on the weekly charts... Read More 

Analyzing India

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Week Ahead: Markets See Sector Rotation; RRG Chart Tell Us to Focus Here as NIFTY Stays Prone to Consolidation

by Milan Vaishnav

Over the past five days, the Indian equities continued with their measured up move and went on to pile up some more incremental gains... Read More 

Analyzing India

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Week Ahead: NIFTY Strong, But Warrants Caution at These Levels; RRG Chart Shows Good Activity in These Sectors

by Milan Vaishnav

In what was a sixth consecutive week of gains, the Indian equities continued with their up move and extended their gains. It was a measured move ahead for the markets, which went on to close with fresh lifetime highs once again... Read More 

Analyzing India

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Week Ahead: NIFTY Slightly Overstretched But Strong; RRG Chart Suggests These Sectors will Relatively Outperform

by Milan Vaishnav

In the week that went by, we saw the markets adding more strength and piling up some more incremental gains. The NIFTY has not only stayed above the crucial 2-year long pattern resistance trend line, but also added some directional bias to it by moving higher... Read More