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Blog posts : "Weekly Market Outlook"

Week Ahead: NIFTY Shows First Signs Of Broad Consolidation Even If It Shows Incremental Moves; These Sectors Poised For A Strong Move

In the recent weekly notes, we had mentioned about the markets getting overstretched and overextended over the immediate short term. It was a matter of concern as any form of a consolidation or a corrective move stood imminent; the absence of which was making the present uptrend highly risky and unh…

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Week Ahead: Markets See Sector Rotation; RRG Chart Tell Us To Focus Here As NIFTY Stays Prone To Consolidation

Over the past five days, the Indian equities continued with their measured up move and went on to pile up some more incremental gains. After some brief consolidation in the beginning of the week, the NIFTY went on to mark fresh lifetime closing highs each day as the liquidity continued chasing the e…

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Week Ahead: NIFTY Strong But Warrants Caution At These Levels; RRG Chart Shows Good Activity In These Sectors

In what was a sixth consecutive week of gains, the Indian equities continued with their up move and extended their gains. It was a measured move ahead for the markets where it went on to close with fresh lifetime highs once again. The trading range over the past five days was a bit narrower than the…

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Week Ahead: NIFTY Slightly Overstretched But Strong; RRG Chart Show These Sectors To Relatively Outperform

In the week that went by, we saw the markets adding more strength and piling up some more incremental gains. The NIFTY has not only stayed above the crucial 2-year long pattern resistance trend line, but also added some directional bias to it by moving higher. The markets stayed much less volatile t…

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Week Ahead: NIFTY Hangs Just Above This Imp Pattern Resistance Level; RRG Chart Shows These Sectors Doing Well

The equity markets are presently dealing with one of its most important pattern resistances over the previous days. In the previous note, we had mentioned about the importance of this pattern resistance line; it was also mentioned that unless the zone of 12960-13000 is taken out comprehensively, we …

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Week Ahead: NIFTY Flirts With A Important Pattern Resistance; RRG Chart Show Good Activity In These Sectors

In the previous weekly note, we had mentioned about the NIFTY testing its crucial pattern resistance. Over the past five trading sessions, the markets, in general, displayed some corrective tendencies but continued to extend its gains. As compared to the previous two weeks which had a wide trading r…

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Week Ahead: NIFTY Meets This Important Pattern Resistance; RRG Chart Shows Isolated Performance From These Sectors

In a yet another gainful week for the markets, the Indian equities extended their move on the upside and posted decent weekly gains. The past five days saw the NIFTY moving higher and closing at its lifetime high levels. As compared to the week before this one, the trading range remained lower as th…

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Week Ahead: NIFTY Likely To Consolidate At Higher Levels; RRG Chart Point Towards These Sectoral Shifts

In a week that saw wide-ranging moves and a rally that was fueled by US Elections, the Indian equities went on to end on a strong note. The week’s trading range not only wide that of 723 points, but the previous days also saw volatility declining to a great extent. The bias of the markets over the p…

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Week Ahead: Upsides In NIFTY To Stay Capped; RRG Chart Highlights Divergence Between These Two Banking Groups

The equity markets continued to falter on the expiry day of the monthly derivative series as it extended the After struggling near the 12000-12025 zones for two weeks, the Indian equities finally gave following global weakness and ended the week on a negative note. As compared to the week before thi…

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Week Ahead: NIFTY To Have Difficult Time Moving Past This Zone; RRG Chart Paints A Tricky Picture

While trading on expected lines, the Indian equity markets did not make any major directional move and consolidated in a defined range. The NIFTY did not move past the previous week’s high point and consolidated while resisting to that level. The trading range also remained narrower than what it was…

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Week Ahead: NIFTY To Stay Largely Rangebound; RRG Charts Show No Improvement In this Group

The market action in this week fared precisely on the anticipated lines. In the previous weekly outlook, we had mentioned the markets being firmly placed but at the same time, staying overstretched on the short-term charts. It was also mentioned in the previous note that any up moves will face stiff…

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Week Ahead: NIFTY At Crucial Resistance Zone; RRG Chart Suggests Staying Highly Sector-Specific

The week that went by remained firmly on the expected lines. In the previous weekly note, we had mentioned that the markets may push themselves higher amid increased volatility. The NIFTY indeed closed higher following a strong move and the volatility also spiked. The financial stocks were expected …

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Week Ahead: NIFTY May Try To Push Higher Amid Increased Volatility; RRG Chart Says These Sectors May Start Making Moves

The week before this one stayed quite eventful as the NIFTY tested all its crucial supports on the daily and weekly charts. The previous week saw the NIFTY respecting few crucial support levels on the higher time frame charts and showing a technical pullback. The four-day trading week showed the hea…

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Crucial Week Ahead: NIFTY Set To Deal With Multiple Imp Technical Setups; RRG Chart Point Towards Sector-Specific Moves

Unlike the previous week that had stayed uneventful for the markets, the Indian equities witnessed an immensely volatile week that ended this Friday, September 25, 2020. The markets saw a good start to the week, but the second half of the week stayed terribly volatile that saw the markets ending wit…

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Week Ahead: Slippery Road Ahead For the NIFTY; RRG Charts Show No Major Shift On The Sectoral Front

The week remained largely uneventful for the markets as they traded in a narrow range and consolidated over the past five days. The trading range also remained much narrow as compared to the earlier weeks. The NIFTY witnessed a movement in the band of just 235-odd point while avoiding taking any dir…

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Week Ahead: This Fractal Pattern Is A Concerning Factor For Near Term; RRG Charts Tell To Stay Sector-Specific

The Indian equities ended the week with modest gains as it struggled to keep afloat when the global markets showed sharp corrective moves leading to the revision of means. In a trading range that stayed narrower if compared to the week before this one, the headline index ended with gains while the b…

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Week Ahead: Staying Above These Levels Crucial For NIFTY; RRG Chart Shows These Sectors Continuing To Outperform

In a wide-ranging trading week, the Indian equity markets halted its four-month winning streak. The NIFTY met its important pattern resistance from where it reacted. Over the past five trading sessions, the NIFTY saw a trading range of close to 500-points. Amid volatile moves, it was a time for unde…

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Week Ahead: Dollar Deluge May Push The Markets Some More; RRG Chart Shows These Broader Indexes In The Leading Quadrant

The Indian equity markets continued its unabated liquidity driven up move and ended the end yet another week with gains. The past five days remained less volatile than expected as the NIFTY remained in a defined range of 275-odd points. The directional move, however, remained unidirectional as the I…

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Week Ahead: These Two Factors Will Affect NIFTY; RRG Chart Point Towards Broader Indexes Performing Well

After taking a breather in the week before this one, the markets resumed its move higher and posted some incremental gains once again. Over past five days, the NIFTY has experienced range bound oscillations with the range still being close to its normal trading width. At the same time, the Index als…

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Week Ahead: These Are Two Concerning Factors For NIFTY: RRG Chart Show Dearth Of Sectors In Dominant Position

This was a week when the markets perfectly respected the technical levels; took a breather and ended with a minor loss. Over the past five days, the NIFTY piled up incremental gains, but the last trading day reversed all those little gains. The NIFTY oscillated in a narrow 262-point range but headed…

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