Analyzing India

April 2022

Analyzing India

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Bollinger Band Squeeze: Watch These Stocks as They Get Ready for a Move

by Milan Vaishnav

Bollinger Bands are the volatility bands placed above and below the Moving Average. Being based on volatility, the bands widen and narrow, i.e. they adjust themselves dynamically as the prices move... Read More 

Analyzing India

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Week Ahead: NIFTY Continues To Remain Poised At A Crucial Juncture; RRG Charts Show These Sectors Lending Support To The Markets

by Milan Vaishnav

While continuing to trade precisely on the expected lines, the NIFTY continued to struggle to keep its head above the key levels as it closed the week on a flat note with a negative bias... Read More 

Analyzing India

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Week Ahead: What Will NIFTY Do Over The Coming Days? Read on to Find Out...

by Milan Vaishnav

The bulk of the past five sessions was spent on a corrective note by the Indian equity markets. There were bounces that did not sustain as the NIFTY struggled to keep its head above the 200-DMA level. The previous week saw a wide trading range of 590 points... Read More 

Analyzing India

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Week Ahead: NIFTY May Attempt a Technical Pullback Through The Week; RRG Chart Shows Pharma Sector Rolling Inside Leading Quadrant

by Milan Vaishnav

In the previous weekly technical note, it was mentioned that, given the shortened trading week with two trading holidays, the equity markets may exhibit a tentative and cautious bias and may not show any major move on the upside... Read More 

Analyzing India

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Week Ahead: NIFTY Likely To Stay Tentative In The Shortened Week; RRG Chart Shows Defensive Stocks Likely To Do Well

by Milan Vaishnav

The beginning of the previous week saw the NIFTY testing important pattern resistance levels... Read More