Analyzing India

May 2021

Analyzing India

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Week Ahead: NIFTY Stays Buoyant; Keeping Eye on Volatility Important Because of This

by Milan Vaishnav

The past week remained a trending one, as the NIFTY attempted to break out of the channel and, in the process, tested and marked a new lifetime high on the last trading day of the week... Read More 

Analyzing India

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Week Ahead: Chase Momentum Selectively; RRG Chart Shows One More Defensive Sector Rolling Inside the Leading Quadrant

by Milan Vaishnav

Despite intermittent hiccups in between, the past week stayed much better than expected for the Indian markets. The NIFTY not only averted the bearish consequence of the violation of the rising trend line, but it also went on to end the week while posting decent gains... Read More 

Analyzing India

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Week Ahead: NIFTY Shows Weak Technical Setup; RRG Charts Shows These Sectors Making Strong Moves

by Milan Vaishnav

The truncated trading week stayed disappointing in more ways than one. Just when it appeared that the NIFTY had rectified its violation of the immediate and important trend line support, it has since violated it again while taking support on the short-term 20-week MA... Read More 

Analyzing India

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Week Ahead: NIFTY Within the Falling Channel; RRG Chart Show These Two Defensive Sectors Rolling Over to Improving Quadrant

by Milan Vaishnav

In a week that remained technically important, the markets pulled up from the lows that were marked in two previous weeks. The NIFTY saw a narrower trading range than the week prior... Read More 

Analyzing India

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Week Ahead: NIFTY Has a Challenging Phase To Navigate; RRG Points at Likely Relative Underperformance From These Sectors

by Milan Vaishnav

In a week where the trading range remained wider than usual, the Indian equities took a serious cut on the Friday's session; however, they managed to close the week on a positive note... Read More