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Nifty: Dalal Street week ahead: Which pockets may play catchup, which ones may lag

The weekly RSI stood at 72.11; it marked a new 14-period high which is a bullish indication. The RSI is mildly overbought. However, it remains neutral and does not show any divergence against the price. The weekly MACD is bullish and remains above the Signal Line. A strong White Body emerged on the candles. It shows directional consensus among the market participants. ....

Energy Indices , Bank Nifty , Nifty Services Sector Indices , Nifty Realty , White Body , Relative Rotation Graphs , Smallcap Index , Nifty Infrastructure Index , Dalal Street , வங்கி நிஃப்டி , நிஃப்டி ரியல்டீ , வெள்ளை உடல் , உறவினர் சுழற்சி வரைபடங்கள் , நிஃப்டி உள்கட்டமைப்பு குறியீட்டு , தலால் தெரு ,

market outlook: Dalal Street Week Ahead: Signs of fatigue all over; watch dollar & bond yields


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Displaying signs of imminent consolidation, Indian equities took a breather during the week gone by and ended with a modest cut. The market breadth remained a bit wider than it was during the week before, as Nifty oscillated in a 533-point range during the week. The five sessions also saw the market close at yet another lifetime high, and then the index pared some of the gains in the following days. From a technical perspective, some fatigue at higher levels was visible as Nifty closed with a net loss of 181.55 points, or 1.20 per cent.
Volatility did not show any spike. INDIA VIX rose just 0.94% to 22.25 level on a weekly note. As we head into the expiry of the monthly derivative series, the market is likely to be dominated by rollover-centric activities in the coming week. The index is likely to move in a defined range in the coming five sessions, with the upside capped. ....

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