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Blog posts : "Weekly Market Outlook"

Week Ahead: NIFTY Likely To Stay In A Range; RRG Chart Show These Sectors Staying Resilient

After clocking robust gains in July, the NIFTY started off the first week of August on a positive note. Over the past five sessions, the markets traded in a 374-point range before closing the week with modest gains. The NIFTY stayed above its critical levels on both the daily and the weekly time fra…

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Week Ahead: NIFTY Makes Some Room For Consolidation At Higher Levels; RRG Chart Expect Leadership From These Sectors

After testing a couple of important levels in the week before this one, the NIFTY took a breather and consolidated over the past five sessions. In the previous weekly note, we had highlighted that the momentum at higher levels is diminishing and this might lead to some consolidation at higher levels…

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Week Ahead: Chase Momentum Vigilantly If NIFTY Attempts Higher Levels; RRG Chart Show This Sector Taking a U-Turn

The week before this one had seen the headline Index testing a couple of important levels on daily and weekly time frame charts. On the daily chart, the Index had closed a notch above the 200-DMA; on the weekly chart, it had tested the 50-Week MA. Over the past five session, the markets displayed a …

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Week Ahead: NIFTY Has These Three Important Levels To Deal With; RRG Charts Clearly Shows Change Of Leadership

In the previous weekly note, we had mentioned about the markets losing momentum in general despite some measured incremental up moves. The week that went by traded much on the anticipated lines. The trading range increased over the past couple of days as the NIFTY continued to witness selling pressu…

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Week Ahead: NIFTY Displays Diminishing Momentum; RRG Chart Has Only This Sector Comfortably Placed In Leading Quadrant

The Indian equity markets went on to end its fourth week in a row with gains as the NIFTY extended its up move. However, unlike the previous week, the trading range narrowed down considerably, and the momentum appeared to be losing its strength as well. As compared 400-point trading range seen in th…

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Week Ahead: NIFTY To Make Measured Moves; RRG Chart Show Sector Rotation On Expected Lines

The NIFTY continued its surge for the third week in a row as it extended its gains. In the previous weekly note, we had mentioned the possibilities of the mild extension of the up move. In the week that went by, the NIFTY saw itself oscillating in a slightly expanded range. The trading range for the…

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Week Ahead: NIFTY Crucially Poised Amid Mixed Signals; RRG Chart Shows This Sector Topping Out

In a relatively less volatile week, the Indian equities continued to surge higher amid liquidity driven rally. After gaining 2.72% in the week before this one, the NIFTY extended its up move in this week as well. The index saw range bound movement of just 359 points over the past five session, which…

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Week Ahead: NIFTY In Striking Distance Of This Critical Resistance; RRG Charts Sectors Moving On Expected Lines

After taking a breather in the week before this one, the Indian equity markets moved higher again and closed the week with decent gains. The trading range remained less wide than the previous week. The earlier week had seen the NIFTY oscillating in a 784-point wide range; this time, the Index oscill…

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Week Ahead: NIFTY Likely To Struggle At Higher Levels; RRG Chart Shows Rotation Changing Hands

After a strong gain of 5.86% in the week before this one, the NIFTY took a breather after rising nearly 1000 points over the past couple of days following a strong liquidity gush fueled by global risk-on environment.  The past couple of days stayed volatile, especially the last trading session of th…

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Week Ahead: These Things Happen In A Risk-On Setup: RRG Shows These Sector Losing Relative Momentum

In a yet another week where we witnessed a gush of liquidity continuing to chase the equities, the Indian equity markets saw a buoyant week and ended once again with week. The trading range of the week remained wider on the expected lines. The headline index oscillated over in a wide range, and by t…

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Week Ahead: NIFTY Moves Towards The Major Resistance Zone; RRG Shows Diminishing Outperformance From These Sectors

The previous week remained much contrary than expected; instead on being still a one with a ranged movement, it stayed a wide ranging one with the Index ending with robust gains. The NIFTY saw a 600-point wide trading range which also remained much broader than expected. The NIFTY pulled back from t…

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Week Ahead: NIFTY May See Ranged Movements; RRG Chart Tells This Sector May Offer Maximum Alpha

Markets ended a week which continued to remain much on the expected lines, except that the volatility was much less than what was expected. Also, the markets continued to display lack of directional bias throughout the week. Despite making a sharply lower top and lower bottom for this week, the trad…

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Week Ahead: NIFTY Likely To Continue Exhibiting Bearish Intent; RRG Shows This Sector Topping Out

The past couple of days went much on the anticipated lines as the markets, in general, as it continued to portray a bearish undertone and ended the weak on a negative note. After halting the pullback, the NIFTY has formed a lower top near 9900 levels and continued its slide, confirming the same leve…

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Week Ahead: NIFTY Marks This Imp Technical Event; RRG Chart Shows These Key Sectors Continuing To Lag

The markets fared much on the expected lines over the past five sessions. In the previous weekly note, we had mentioned that if the NIFTY failed to move past the last week’s high, it might end up forming a lower top for itself. The things turned out on the anticipated lines; the 11-year old trend li…

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Week Ahead: NIFTY Not Moving Past This Level May Form A Lower Top; RRG Tells That Underperformance May Continue In These Sectors

The previous week saw the markets trading on a much better than expected note as the headline index continued to surge higher, and end with strong gains. The Markets had seen a loss of momentum in the week before this one. However, the truncated week saw the resumption of the technical rebound, whic…

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Week Ahead: Upside In NIFTY May Stay Capped; RRG Chart Says Perhaps It Is Time To Reduce Weight On This Sector

In the previous weekly note, we had mentioned the loss of momentum in the technical pullback that the markets had started to witness. In the week that has gone by, the loss of momentum became more evident. Despite a 500-point oscillation and a trading range, the NIFTY halted its pullback and ended w…

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Week Ahead: Loss Of Momentum May Be A Slight Worry; RRG Chart Shows These Sectors Languishing

After a sharp technical pullback in the week before this one, the Indian equities continued with the extension of the pullback, but on a very modest note. The trading range over the past five days remained broad as the NIFTY oscillated in a 500-point range, but kept the net incremental gains quite l…

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Week Ahead: NIFTY May Get Vulnerable At Higher Levels; RRG Suggests Continued Focus On these Sectors

After several negative weekly closes, the Indian equity markets finally ended its losing streak this truncated week as it finally ended with gains. In our previous weekly note, we had categorically mentioned the possibilities of a sharp technical pullback despite ongoing uncertainties because of the…

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Truncated Week May See Mild Technical Pullbacks; RRG Show Strong Relative Momentum In These Sectors

After taking a breather a week before this one, the Indian equity markets resumed its downtrend again and ended this week with a net loss. With this week's decline, the NIFTY has, as of now, has declined nearly 35% on a closing basis. A week before this, NIFTY had witnessed wide oscillation of over …

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Week Ahead: Avoid Getting Carried Away By Pullbacks, If any; These Are Resilient Sectors, Says RRG

We are using Line Charts as it would enable us to take a longer-term structure of the weekly charts. We do this so that we can examine the behavior of the markets against the decade-long trend line which stand violated. After a massive decline of over 12% a week before this, the NIFTY decelerated it…

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