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.
Technical outlook: Short-term trends in the Nifty 50 Read More »
Short-term technical outlook for the Nifty 50 and a deep dive into the Nifty 500 universe.
Technical outlook: Short-term trends in the Nifty 50 Read More »
In the 2024 technical outlook, Krishnakumar looks at the charts to see what the new year could hold in store.
2024 Technical outlook – What the new year could bring Read More »
While the Nifty 50 slipped into correction, it rebounded from key support levels. So how is the index likely to trend now?
Technical outlook: Can the resilience of the Nifty 50 continue? Read More »
And is there further downside possibility in the short-term?
Technical outlook – Has the Nifty 50 topped out? Read More »
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?
Technical outlook – Can the Nifty 50 rally continue? Read More »
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.
Technical outlook – the Nifty 50 and broader markets Read More »
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.
Technical outlook – Is the worst over for the Nifty 50? Read More »
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.
Technical outlook: Can the Nifty 50 slide further? Read More »
In this post, we shall discuss a brief short-term technical outlook for the Nifty 50 index and some interesting statistics which will be a follow-through to what we discussed in the previous post. Let us get started with the short-term technical outlook.
Technical outlook: Outlook now for the Nifty 50 Read More »
In the previous update on the targets for the Nifty 50, the expectation was that the index could head to the next target at 19,100. Contrary to expectations, the index has been in a correction phase in the past few weeks. In today’s report, thus, we try to assess both the short-term and the medium-term outlook for the Nifty 50 index.
Technical outlook – where the Nifty 50 could be headed in 2023 Read More »
It’s been interesting times for the Nifty 50 in the past month! As we observed in the previous update, the Nifty 50 index remained bullish and managed to reach the first target of 18,640-18,700 zone that we had set. The index appears on course to reach even the second target of 19,100 mentioned in the outlook last month.
Technical outlook: Can the new Nifty 50 targets be extended? Read More »
In the previous update on the outlook for the Nifty 50, we had mentioned the possibility of the Nifty 50 index stabilising for a while before resuming its uptrend as one of the possible scenarios. This scenario has played out. The breakout above the positive trigger level of 17,500 confirmed the bullish case scenario as well. The third point worth highlighting is that the Nifty 50 index did not breach the bearish trigger level of 16,400 mentioned in the previous posts.
Technical outlook: Where the Nifty 50 & key sector indices are headed Read More »