Analyzing India

October 2019

Analyzing India

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Special Note: What To Expect In Samvat 2076

by Milan Vaishnav

The year that ended today, with NIFTY closing at 11583.90, remained quite eventful for the Indian equity markets. We traditionally wish a "Happy and Prosperous New Year," and the current year remains prosperous in a literal sense... Read More 

Analyzing India

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Coming Week Likely To See Limited Upsides; Overhead Levels Continue To Remain A Concern

by Milan Vaishnav

In the previous weekly note, we had mentioned the possibility of the NIFTY consolidating in a defined range while having a limited upside. Though it traded in line as anticipated, the NIFTY spent a significant part of the week resisting and consolidating near the 11700-level... Read More 

Analyzing India

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Week Ahead: This Zone Crucial for NIFTY to Navigate; Rotation Evident in Certain Sectors

by Milan Vaishnav

The Indian equity markets had a strong week, making a steady upside move and ending the week with decent gains. In the week before this, the NIFTY had defended its crucial support levels of 200-DMA on the daily charts and the 50-Week MA on the weekly charts... Read More 

Analyzing India

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Week Ahead: NIFTY May Take A While To Establish A Confident Directional Bias; Upsides To Stay Capped

by Milan Vaishnav

While trading in a broad range, the NIFTY struggled to find some base and managed to end the week with modest gains. The trading range of the NIFTY remained just moderately broad, but it oscillated quite a lot, infusing intraday volatility during the trading sessions... Read More 

Analyzing India

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The Coming Week May Attempt A Technical Rebound, But Broader Setup Remains Weak; Watch These Sectors

by Milan Vaishnav

In the previous weekly note, we had pointed out that the signs of exhaustion in the markets are visible; this week may see some profit-taking from higher levels... Read More