Analyzing India

July 2023

Analyzing India

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Week Ahead: VIX at a New Multi-Year Low; Exercise Caution at Higher Levels by Staying Defensive

by Milan Vaishnav

After closing with gains for four weeks in a row, the markets finally took a breather on the expected lines. In the previous weekly technical note, it was mentioned that the formation of a Shooting Star on candles has the potential to temporarily halt the present rally... Read More 

Analyzing India

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Week Ahead: NIFTY Prone to Consolidation at Higher Levels; Stay Selective and Protect Profits

by Milan Vaishnav

It is exactly a month from when the NIFTY staged a major breakout, crossing above the previous high point of 18887; this time, it was the fourth week in a row where the markets extended their gains... Read More 

Analyzing India

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Week Ahead: While Uptrend Stays Intact In Nifty, Stay Selective And Guard Profits At Higher Levels

by Milan Vaishnav

It was the third week in a row that the markets extended their gains; the NIFTY had staged a breakout when it crossed above the 18880 levels. This has resulted in the NIFTY closing at yet another lifetime high... Read More 

Analyzing India

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Week Ahead: NIFTY May Take Breather and Consolidate; Pick Stocks in a Selective Way

by Milan Vaishnav

In the previous weekly technical outlook, it was mentioned that the markets have attempted a strong breakout which can be termed as a major one; this week, it showed some signs of tiredness while still managing to end the week on a positive note... Read More 

Analyzing India

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Week Ahead: NIFTY Makes Strong Attempt to Breakout; Extending the Move Crucial

by Milan Vaishnav

After testing the prior top of 18887 multiple times during the last five sessions, the Indian equity markets finally attempted a long-awaited breakout by moving past this point and closing near the high point of the week... Read More