Analyzing IndiaAugust 06, 2023 at 10:58 AM
In the previous weekly technical note, it was mentioned about the vulnerability that the market faces due to extremely low levels of VIX. It was expected that such low levels of VIX had left the markets vulnerable to violent profit-taking bouts from higher levels...Read More
Analyzing IndiaJuly 29, 2023 at 10:01 AM
After closing with gains for four weeks in a row, the markets finally took a breather on the expected lines. In the previous weekly technical note, it was mentioned that the formation of a Shooting Star on candles has the potential to temporarily halt the present rally...Read More
Analyzing IndiaJuly 22, 2023 at 11:19 AM
It is exactly a month from when the NIFTY staged a major breakout, crossing above the previous high point of 18887; this time, it was the fourth week in a row where the markets extended their gains...Read More
Analyzing IndiaJuly 17, 2023 at 02:17 AM
It was the third week in a row that the markets extended their gains; the NIFTY had staged a breakout when it crossed above the 18880 levels. This has resulted in the NIFTY closing at yet another lifetime high...Read More
Analyzing IndiaJuly 08, 2023 at 10:58 AM
In the previous weekly technical outlook, it was mentioned that the markets have attempted a strong breakout which can be termed as a major one; this week, it showed some signs of tiredness while still managing to end the week on a positive note...Read More
Analyzing IndiaJuly 01, 2023 at 08:53 AM
After testing the prior top of 18887 multiple times during the last five sessions, the Indian equity markets finally attempted a long-awaited breakout by moving past this point and closing near the high point of the week...Read More
Analyzing IndiaJune 25, 2023 at 01:15 AM
After a strong performance in the week before this one, the markets chose to take a breather. The NIFTY went within the kissing distance of the all-time high level of 18887 and saw corrective pressures at that point...Read More
Analyzing IndiaJune 17, 2023 at 11:23 AM
In what can be called a fairly buoyant week of trade, NIFTY moved towards its previous high point and closed at its lifetime high. The financials, though, represented by BankNifty (Nifty Bank) relatively underperformed, as the BankNifty Index closed on a flat note...Read More
Analyzing IndiaJune 10, 2023 at 09:52 AM
This was the second week in a row where the markets delayed their breakout and continued to flirt with the key levels. This time, they continued to stay largely in a defined range and resist the key levels...Read More
Analyzing IndiaJune 03, 2023 at 11:27 AM
After posting decent gains in the week before this one, NIFTY chose to consolidate this time just below the key breakout levels. In the last five sessions, the markets stayed devoid of any direction throughout, consolidating just below key resistance and breakout levels...Read More
