Analyzing India

June 2021

Analyzing India

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Interesting Price Pattern Develops on This General Insurance Stock

by Milan Vaishnav

ICICI Lombard General Insurance Company Ltd -- ICICIGI.IN The most recent price action in ICICIGI shows that it is likely to move past its multi-point resistance zone, existing between 1540-1560 levels... Read More 

Analyzing India

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Week Ahead: NIFTY at New High But Weak Internal Strength; RRG Chart Shows Risk-on Setup in Place

by Milan Vaishnav

The stock markets once again had a buoyant week as the Indian Headline Index NIFTY50 closed at a fresh lifetime high. The Indian market had four consecutive weeks of gains, piling up over 1121 points and taking a breather after that... Read More 

Analyzing India

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Week Ahead: Technical Structure Shows NIFTY's Upside Capped Near This Point; RRG Chart Continues Throwing Mixed Cues

by Milan Vaishnav

The Indian equity markets took a breather in the week gone by as they halted four consecutive weeks of gains. Over the past month, the NIFTY had piled up 1121.55 points of gains. However, over the past five days, the NIFTY retraced after marking its fresh lifetime high at 15901... Read More 

Analyzing India

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Week Ahead: NIFTY Has High Call Writing at These Levels; RRG Chart Continues Offering Mixed Cues

by Milan Vaishnav

While trading on a narrower range, the NIFTY continued its up move and ended on a positive note for the fourth consecutive week. The NIFTY went on to mark its incremental fresh lifetime high as it continued trending higher on reduced and decelerating momentum... Read More 

Analyzing India

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Week Ahead: Buoyant NIFTY Has These Things to Guard Against; RRG Chart Shows Mixed Sectoral Setup

by Milan Vaishnav

For the third week in a row, the Indian equity markets continued with their up move. The week that went by saw the NIFTY50 index scaling a fresh high and also ending at its new lifetime high point. The Indian headline index is now placed in uncharted territory... Read More