Analyzing India

December 2023

Analyzing India

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Week Ahead: NIFTY Likely To Ring In The New Year In This Way

by Milan Vaishnav

The equity markets have ended the year on a very strong note. As the week comes to a close, we not only end the month, but also the year. On a monthly basis, the NIFTY has had a stellar run this December, having gained 1598 points (+7.94%)... Read More 

Analyzing India

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Week Ahead: NIFTY Takes Breather After Seven Weeks of Gains; What to Expect Next?

by Milan Vaishnav

In the previous technical note, it was categorically mentioned that, given the unabated upmove, the markets have risen near-vertically. This has caused the indices to deviate greatly from their mean, making them overextended and prone to violent profit-taking bouts... Read More 

Analyzing India

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Week Ahead: NIFTY Overextended on Charts; Avoid Chasing Up Moves as Consolidation Look Imminent

by Milan Vaishnav

Continuing with the unabated upmove, the markets went on to post their fresh lifetime highs once again; NIFTY has ended on a fresh lifetime high on a closing basis as well. The rally this week was propelled by the Fed, which kept the interest rates unchanged... Read More 

Analyzing India

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Week Ahead: NIFTY Faces An Imminent Consolidation; This Index May Finally Start To Relatively Outperform

by Milan Vaishnav

The markets continued their unabated upmove; following a strongly trending week, the Nifty not only ended at a fresh lifetime high point but also closed with gains for the sixth consecutive week... Read More 

Analyzing India

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Week Ahead: NIFTY Stares At Scaling New Highs; These Sectors May Relatively Outperform

by Milan Vaishnav

Following a strong consolidation in the week before this one, the markets finally staged a decisive rally over the past four sessions of the truncated week. The benchmark index NIFTY50 surged in all four sessions; it went on to move past the previous lifetime high of 20222... Read More