Analyzing India

April 2020

Analyzing India

Blog Article Title Image

With No Signs of Equities Bottoming Out, These Two Charts Tell an Interesting Story

by Milan Vaishnav

After declining over 35% from the 2020 peaks, the global equity markets found a temporary base, and, in the current technical pullback, have recouped over one-third of total losses... Read More 

Analyzing India

Blog Article Title Image

Week Ahead: Upside in NIFTY May Stay Capped; RRG Chart Says it May Be Time to Reduce Weight on this Sector

by Milan Vaishnav

In the previous weekly note, we mentioned the loss of momentum in the technical pullback that the markets had started to witness. In the week that followed that note, the loss of momentum became more evident... Read More 

Analyzing India

Blog Article Title Image

The Relationship Between Two Most Important Indian Indices Has Changed

by Milan Vaishnav

The front line index NIFTY50 ($NIFTY) and the Nifty Bank Index ($BANKNIFTY) have always shared a steady one-sided relationship since the inception the two indices. The above chart shows the NIFTY and BankNifty's co-performance since inception... Read More 

Analyzing India

Blog Article Title Image

Opportunity To Collect Premiums By Writing Options In This Stock

by Milan Vaishnav

Titan Industries Limited - TITAN.IN The chart above shows highest Put OI in Titan at 900 and maximum Call OI at 1100 for the April 30 expiry... Read More 

Analyzing India

Blog Article Title Image

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

by Milan Vaishnav

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... Read More 

Analyzing India

Blog Article Title Image

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

by Milan Vaishnav

After several negative weekly closes, the Indian equity markets finally ended their losing streak this truncated week as they finally finished with gains... Read More 

Analyzing India

Blog Article Title Image

This Pharma Stock May Be In For A Technical Pullback

by Milan Vaishnav

Glenmark Pharmaceuticals Ltd (NSE) (GLENMARK.IN) Along with underperforming the broader markets, Glenmark Pharmaceuticals has been underperforming the pharma group as well... Read More 

Analyzing India

Blog Article Title Image

Truncated Week May See Mild Technical Pullbacks; RRGs Show Strong Relative Momentum in these Sectors

by Milan Vaishnav

After taking a breather the week before this one, the Indian equity market 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... Read More