Analyzing India

July 2022

Analyzing India

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Week Ahead: NIFTY Opens Up More Room on the Upside; Sustaining Above This Level Crucial

by Milan Vaishnav

In the previous weekly note, we mentioned that the markets have formed a strong base for themselves; the most logical move that the markets can make is to move towards their 50-Week MA, which was then placed at 17073... Read More 

Analyzing India

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Week Ahead: NIFTY May See Consolidation at Higher Levels; RRG Chart Shows This Sector Ending Relative Underperformance

by Milan Vaishnav

The markets had a strong week that was much on the expected lines. In the previous weekly note, it was categorically mentioned that the markets might resume their up move after a brief period of consolidation... Read More 

Analyzing India

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Week Ahead: NIFTY May Regain Directional Momentum; RRG Chart Shows High Beta and Defensives Doing Well

by Milan Vaishnav

In the previous weekly note, it was categorically mentioned that the Indian equities were due to consolidate; any move that leads to a minor correction or consolidation should not surprise anyone... Read More 

Analyzing India

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Week Ahead: NIFTY's Consolidation Shouldn't Surprise Us; These Sectors Improving their Relative Performance

by Milan Vaishnav

After taking a breather in the week before this one, the Indian equity markets resumed their up move. The headline index continued with its pullback and moved past a few important levels while protecting the key supports... Read More 

Analyzing India

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Week Ahead: NIFTY Must Move Past This Point for a Sustainable Move; RRG Shows Mixed Sectoral Setup

by Milan Vaishnav

It was a week of consolidation for the Indian equities; the markets struggled to move past the key resistance levels. At the same time, the NIFTY also continued to hold on to the key support points. The last five sessions kept the markets largely in a broad but defined range... Read More