Markets
Technical outlook: Short-term trends in the Nifty 50
Short-term technical outlook for the Nifty 50 and a deep dive into the Nifty 500 universe.
B Krishnakumar
March 17, 2024
4 Comments
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Markets
Technical outlook – Is another high in sight for the Nifty 50?
With the index behaving as was expected in our last technical outlook, find out what’s next in this report.
B Krishnakumar
February 11, 2024
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2024 Technical outlook – What the new year could bring
In the 2024 technical outlook, Krishnakumar looks at the charts to see what the new year could hold in store.
B Krishnakumar
December 28, 2023
8 Comments
Markets
Technical outlook: A look at the short-term trends in the Nifty 50
With the Nifty 50 almost touching the targets given in the previous technical outlook, here are the short term trends to watch out for now and opportunities outside the index.
B Krishnakumar
November 12, 2023
1 Comment
Markets
Technical outlook: Nifty 50’s short-term trend
Short-term technical outlook for the Nifty 50 and a closer look at some outperforming sectors in this technical outlook.
B Krishnakumar
October 15, 2023
1 Comment
Markets
Technical outlook: Can the resilience of the Nifty 50 continue?
While the Nifty 50 slipped into correction, it rebounded from key support levels. So how is the index likely to trend now?
B Krishnakumar
September 10, 2023
9 Comments
Markets
Technical outlook – Has the Nifty 50 topped out?
And is there further downside possibility in the short-term?
B Krishnakumar
August 8, 2023
No Comments
Markets
Technical outlook – Can the Nifty 50 rally continue?
The Nifty 50 has scaled new highs, displaying strength over the past few months. Is the rally in the Nifty 50 over or can it continue?
B Krishnakumar
July 9, 2023
3 Comments
Markets
Technical outlook – the Nifty 50 and broader markets
As observed in the previous update on targets for the Nifty 50, the index remained strong and also moved pretty close the target zone of 18,700-18,750. The index recorded a high of 18,662 on May 30 and has since been in a consolidation. In this update, we take a quick look at the short-term outlook for the Nifty 50 index and focus on a more detailed outlook for the broader markets and interesting sectors.
B Krishnakumar
June 6, 2023
1 Comment
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Technical outlook: Fresh targets for the Nifty 50
A lot has happened since our previous market update, when we discussed if the worst was over for the Nifty 50. In that update, we had mentioned that the level of 17,850 on the upside and 16,900 on the lower end are the key markers to focus on. It was also highlighted that a breakout past 17,850 could pave the way for a rally to the 18,350-18,400 zone.
The Nifty 50 index has managed the latter, breaking above 17,850 and reaching the target zone of 18,350-18,400. The question now is what is in store for the Nifty 50 index. We will look at the short-term perspective here, to address this question.
B Krishnakumar
May 14, 2023
2 Comments
Markets
Technical outlook – Is the worst over for the Nifty 50?
The bearish view on the Nifty 50 index shared over the past couple of posts has played out, and the Nifty 50 index hit the target of 16,700-16,900 mentioned earlier. Now, after recording a low of 16,828 on March 20, the index has been on a recovery path. The key question, then, would be – is worst is over for the Nifty 50? As always, we will try to address this question using our favourite charting tools including the breadth indicators.
B Krishnakumar
April 9, 2023
1 Comment
Markets
Technical outlook: Can the Nifty 50 slide further?
In the past couple of posts on the Nifty 50 outlook, we have been voicing a bearish view for the Nifty 50 index. This has played out as per expectations. The index almost achieved the first target of 17,150-17,200 that was mentioned a couple of posts ago. In the previous update, we had mentioned the possibility of a slide to the 16,700-16,900 zone.
Let us assess if this target is likely to be achieved or not.
B Krishnakumar
March 12, 2023
No Comments
