Analyzing India

May 2022

Analyzing India

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Week Ahead: NIFTY Likely to Trade With Positive Bias if Global Cues Permit; Major Pockets Show Improvement in Relative Strength

by Milan Vaishnav

It was a week of consolidation; a positive consolidation, in fact, where the markets oscillated in a broad range before closing the week with mild gains. The NIFTY saw itself trading in a 511-point range, as compared to the 690-point range in the week before this one... Read More 

Analyzing India

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Week Ahead: Stable Start to The Markets Expected While NIFTY Holds Key Supports; Focus on These Sectors Will Be Rewarding

by Milan Vaishnav

The five sessions over the previous week were gripped with insane volatility; four out of five days saw the NIFTY gapping either on the up or on the downside... Read More 

Analyzing India

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Week Ahead: NIFTY Approaches A Pattern Support; RRG Chart Shows Bunch Of Sectors That May Relatively Outperform

by Milan Vaishnav

The entire week that went by kept the markets under a strong bear grip; all five trading sessions ended on a negative note. The markets continued to witness gaps on the downside; saw some intermittent short-covering but ultimately traded with a negative undertone... Read More 

Analyzing India

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Week Ahead: NIFTY Violates Support, But Adds Massive Shorts to System; RRG Chart Shows These Sectors Staying Resilient

by Milan Vaishnav

In a week that was truncated due to a trading holiday on account of Eid, the Indian equity markets traded weakly for the most part, ending in the red for three out of four sessions. Among these, the last trading day on Friday remained particularly weak... Read More