Analyzing India October 28, 2019 at 05:42 AM
The year that ended today, with NIFTY closing at 11583.90, remained quite eventful for the Indian equity markets. We traditionally wish a "Happy and Prosperous New Year," and the current year remains prosperous in a literal sense... Read More
Analyzing India October 27, 2019 at 09:34 PM
In the previous weekly note, we had mentioned the possibility of the NIFTY consolidating in a defined range while having a limited upside. Though it traded in line as anticipated, the NIFTY spent a significant part of the week resisting and consolidating near the 11700-level... Read More
Analyzing India October 20, 2019 at 07:33 AM
The Indian equity markets had a strong week, making a steady upside move and ending the week with decent gains. In the week before this, the NIFTY had defended its crucial support levels of 200-DMA on the daily charts and the 50-Week MA on the weekly charts... Read More
Analyzing India October 13, 2019 at 05:04 AM
While trading in a broad range, the NIFTY struggled to find some base and managed to end the week with modest gains. The trading range of the NIFTY remained just moderately broad, but it oscillated quite a lot, infusing intraday volatility during the trading sessions... Read More
Analyzing India October 05, 2019 at 02:14 PM
In the previous weekly note, we had pointed out that the signs of exhaustion in the markets are visible; this week may see some profit-taking from higher levels... Read More