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Blog posts : "Weekly Market Outlook"

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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Week Ahead: NIFTY Has Multiple Negatives To Deal With; RRG Chart Suggests Adopting A Defensive Play

The unabated meltdown in the equities markets continued this week as well, which saw the NIFTY plunging to the fresh weekly lows. The Indian equities traded in line with the weak global setup and lost ground as rapidly as other global markets. The benchmark index NIFTY declined and ended in negative…

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Special Note: Know Where NIFTY Stands From A Broader Perspective; What RRG Tells For The Week Ahead

After the violation of the critical near-term support a week before, the Indian equities suffered its worst-ever weekly decline of the decade. In line with the global mayhem, the Indian stock markets also saw an equally sharp meltdown and went on to end well below the key moving average and slipping…

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Week Ahead: Avoid Chasing Technical Pullbacks, If Any; RRG Suggests Taking Refuge In These Sectors

The global scare of an economic slowdown following the outbreak of Coronavirus saw the world markets taking a severe knock, and Indian equities were not an exception. While trading on anticipated lines, the Indian equity markets saw a wide ranging week wherein the headline index NIFTY moved in the r…

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Week Ahead: What Next After One Of The Most Brutal Selloff Of The Decade?

The previous week saw one of the worst sell-offs of the decade when the global markets reacted with absolute panic to the spread of the coronavirus. The Indian markets remained affected as well. The global financial markets went in disarray as the world grappled with the possibility of the coronavir…

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Week Ahead: Watching This Level Important; RRG Chart Show These Sectors Rotating Favorably

While trading just on the anticipated lines, the Indian equity markets continued to consolidate around its critical levels throughout the previous week and ended flat with negligible loss. Just as mentioned and expected in the last weekly note, the NIFTY did not make any major headway, and the upsid…

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Week Ahead: NIFTY Vulnerable At Current Levels; RRG Chart Show These Groups Doing Relatively Better

The previous week saw the markets consolidating in a 256-point move as the headline index NIFTY50 ended flat with a negligible gain. After bouncing off from the 50-Week MA in the earlier week, the NIFTY continued to trade near its critical zone of 12100-12225 throughout the week while making no dire…

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Consolidation May Spill Over To The Coming Week; RRG Chart Show These Pockets Staying Resilient

The previous week remained a six-day trading week for the markets. Saturday, February 01, 2020, was a full-trading day because of the Union Budget that was presented. The day turned out to be a wide-ranging day for the markets on expected lines as Union Budget is one of the most important domestic e…

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Week Ahead: NIFTY Has A Stiff Overhead Resistance To Deal With; RRG Chart Show MidCaps To Outperform

After starting the week on a corrective note, the markets recouped some of its losses on the last two trading days of the week. The last few days have remained volatile for the markets as the headline index NIFTY traded in a wider than usual range. The index oscillated in an over 340-point range, bu…

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NIFTY To Stay In A Defined Range; RRG Chart Point Towards This Sector Potentially Bottoming Out

With the geopolitical tensions subsiding, the markets spent a quiet week as it continued to post a small amount of incremental gains. The trading range also remained capped as the markets oscillated in a capped range. While showing no volatility at all, the NIFTY made minor advancements on the highe…

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NIFTY May Stay Volatile In The Coming Week; RRG Charts Show Key Sectors Continuing To Lose Momentum

While trading on the anticipated lines, the Indian markets continued to consolidate, but also saw tremendous volatility owing to the geopolitical tension in the West Asian region. The NIFTY traded in a wider than usual range and ended the week on a relatively flat note. The index witnessed close to …

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Week Ahead Likely To See Increase In Volatility; RRG Chart Show Likely Resilience From These Sectors

The Indian markets witnessed consolidation again for the second week in a row. The markets saw a general stable week, remained in a limited and defined range, and ended mildly in the negative. In the previous weekly note, we had expected the consolidation to continue and the markets traded much on t…

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Week Ahead: NIFTY At A Crucial Juncture Again; RRG Chart Show Steady Rotation Of These sectors

With just two trading days left in this year, this week will usher us into the year 2020. The markets are set to end this year near their highs, but they are also leaving us at a critical juncture if we look at the market technical from the long term point of view. We wish everyone the best for the …

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Week Ahead: Follow Trend Cautiously As Loss Of Momentum Seen; RRG Tells Us To Focus On These Sectors

The risk-on global setup, which had begun a week before continued throughout the previous week as well. The resultant buoyant setup fueled the Indian markets higher as well which ended at their high lifetime levels. Though the momentum continued to falter, the markets did not show any sign of retrac…

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