by Milan Vaishnav, CMT, MSTA | Sep 10, 2022 | Weekly Market Outlook
In the previous weekly technical note, it was categorically mentioned that the markets have created a defined trading zone for themselves. This trading zone had the 50-Week MA as its lower support area; the upper resistance existed near the 17600-17700 area. After a...
by Milan Vaishnav, CMT, MSTA | Sep 8, 2022 | Special Technical Articles
ADANIPORTS has been showing some potent technical developments on the longer-term timeframe charts. While most of the Adani Group stocks have run up too high and ahead of the curve, this stock has been consolidating in a wide and well-defined trading range and has...
by Milan Vaishnav, CMT, MSTA | Sep 3, 2022 | Weekly Market Outlook
Although the markets ended flat on a weekly note, the past five sessions remained quite volatile. The markets stepped into the week while inheriting a very weak global trade setup; the weakness was inflicted by very bearish reactions of the US markets following Jerome...
by Milan Vaishnav, CMT, MSTA | Aug 27, 2022 | Weekly Market Outlook
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. In the week before this one, the...
by Milan Vaishnav, CMT, MSTA | Aug 20, 2022 | Weekly Market Outlook
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. The markets began the...
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