Analyzing India

September 2023

Analyzing India

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Week Ahead: NIFTY Forms A Potential Top; Low VIX Continues To Stay A Concern

by Milan Vaishnav

In the previous technical note, it was mentioned that the markets are prone to some consolidation and corrective retracements due to the technical setup on the charts... Read More 

Analyzing India

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Week Ahead: Low VIX May Keep NIFTY Vulnerable To Profit-Taking Bouts; These Sectors May Offer Resilience

by Milan Vaishnav

Extending their move, Indian equities advanced higher and closed with yet another weekly gain. Four out of five days over the past week saw the markets ending with gains... Read More 

Analyzing India

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Week Ahead: NIFTY Forms a Key Support; These Sectors Set to Outperform

by Milan Vaishnav

In the previous technical note, the importance of the support level of 19250 was discussed; it was mentioned that, if this level stands protected for NIFTY, the Index can rebound and inch higher towards 19700+ levels... Read More 

Analyzing India

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Week Ahead: Important for NIFTY To Stay Above This Level; Expect Outperformance in These Pockets

by Milan Vaishnav

The past five sessions of the week saw the Indian equities trading in a defined and narrower range. The first four sessions were seen leading the markets to a weekly loss, but the strong trading session on Friday saw NIFTY recouping its losses. The index oscillated in 234... Read More