Analyzing India

August 2023

Analyzing India

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Week Ahead: Corrective Undertone To Persist So Long As Nifty Below These Levels; These Sectors To Stay Resilient

by Milan Vaishnav

In a week that has gone by, Indian equities continued to heavily consolidate. They defended key levels for most of the week; it was in the last two trading sessions that the markets came off from their high point while giving up all their weekly gains... Read More 

Analyzing India

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Week Ahead: NIFTY to Stay Tentative in Truncated Week; These Sectors Rolled Inside Leading Quadrant of RRG

by Milan Vaishnav

In line with what was anticipated in the previous weekly technical note, the Indian equity markets witnessed profit-taking bouts from higher levels, along with spikes in the volatility, which is hovering around one of its lowest levels of recent months... Read More 

Analyzing India

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Week Ahead: Precariously Low Levels Of VIX Poses Continued Threat To NIFTY; RRG Shows Defensive Setup

by Milan Vaishnav

In the previous weekly technical note, it was mentioned about the vulnerability that the market faces due to extremely low levels of VIX. It was expected that such low levels of VIX had left the markets vulnerable to violent profit-taking bouts from higher levels... Read More