Analyzing India

August 2022

Analyzing India

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Week Ahead: NIFTY Likely to See Shaky Start to Truncated Week; Stay Highly Selective in Your Approach

by Milan Vaishnav

The week that went by fared very much on the expected lines. In the previous technical note, it was mentioned that, given the unabated up-move in the markets for a couple of weeks, perhaps it was time that the markets take a breather... Read More 

Analyzing India

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Week Ahead: NIFTY Stares at Potential Stalling of Rally; Upsides (If Any) to Stay Capped at This Level

by Milan Vaishnav

After continuing to rise in an unabated manner for three sessions out of four in the truncated week, the Indian equity markets managed to end the week on a positive note, but also witnessed a sharp profit-taking bout in the last trading session... Read More 

Analyzing India

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Week Ahead: Short Trading Week May Offer Nifty Resistance In This Zone; RRG Shows These Sectors Rolling Inside Leading Quadrant

by Milan Vaishnav

The Indian equity markets had a definite directional move over the past five days; it practically nullified the potentially bearish setup that indicated a likely stalling of the present up-move as it trended during the week to end with gains... Read More 

Analyzing India

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Special Note: This Bullish Reversal Pattern Might Really be a Continuation Pattern

by Milan Vaishnav

In the discipline of Technical Analysis, there are patterns that can be classified as Reversal Patterns or Continuation Patterns. Where Reversal patterns tend to reverse the prior trend, Continuation patterns tend to resolve in the direction of the prior trend... Read More 

Analyzing India

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Week Ahead: NIFTY to See Ranged Consolidation Unless This Zone is Taken Out; RRG Shows These Sectors Doing Well

by Milan Vaishnav

In our previous technical commentary and forecast, we anticipated that this week may see some ranged consolidation. It was also expected that such consolidation may have ranged moves and some profit-taking bouts from the higher levels... Read More