Analyzing India

January 2023

Analyzing India

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Some Classical Technical Developments Shaping Up As Volatile Markets Gets Selective

by Milan Vaishnav, Foram Chheda, CMT

The ghost of the Hindenburg Report continues to haunt the Indian stock markets; the markets have witnessed a sharp selloff over the past two sessions after the activist short-seller leveled some serious allegations against the Adani Group... Read More 

Analyzing India

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Week Ahead: Market Approaches Union Budget in Bruised State; Expect Volatility to Remain High

by Milan Vaishnav

It was an immensely volatile and eventful week for the markets as they headed towards the last weekly close before the Union Budget... Read More 

Analyzing India

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Week Ahead: Ranged Movement Expected in this Truncated Week; These Levels Remain Crucial

by Milan Vaishnav

Over the past couple of weeks, it has been categorically mentioned that, so long as the NIFTY stays below the 18300 levels, it is likely to continue to consolidate in the present range... Read More 

Analyzing India

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This IT Bellwether May Wake Up From a Slumber

by Milan Vaishnav, Foram Chheda, CMT

Over the past couple of weeks, the performance of the IT stocks has remained quite muted; the NIFTY IT Index has come off from its November highs and has consolidated over some time. This has led to relative underperformance of the IT group against the broader markets... Read More 

Analyzing India

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Week Ahead: Expect Markets To Trade With Positive Bias So Long As These Levels Are Defended; These Sectors To Do Well

by Milan Vaishnav

In the previous weekly technical note, it was mentioned that the markets may remain in a trading range until they trade below the crucial 18300 level, which is one of the major resistance points on the chart... Read More 

Analyzing India

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Sector Spotlight: Keep An Eye; This Could Be A Massive Multiyear Breakout

by Milan Vaishnav, Foram Chheda, CMT

There is no debate when it comes to concluding that 2022 has been a choppy year for equities globally. The markets had to deal with all sorts of things; rising inflation, fear of recession, geopolitical tensions, and a slew of rate highs from the central banks all over the world... Read More 

Analyzing India

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Week Ahead: Positive Start To Nifty Expected; Muted Dollar Index May Benefit These Sectors

by Milan Vaishnav

The equity markets have entered into the new year on a back foot and stayed choppy as well... Read More