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Mithil Pradhan

  • Post-Budget technicals look weak

    Thursday's Budget appears to have impacted various stock market indices differently. The following analysis shows how.

    Monday, 4 March 2013 - 6:14am
  • Breakout above 5720 will spark gains

    Indian markets were seen volatile, but managed to post gains of 0.5% on a weekly basis.

    Monday, 5 November 2012 - 7:33am
  • Buy selectively, sell the weak sectors

    Consolidation continues in the domestic markets as Nifty settled flat during the holiday-truncated week. Market breadth remained under pressure as advance-decline ratio was seen negative on down as well as up days.

    Monday, 29 October 2012 - 9:00am
  • Harami cross signals fresh turbulence

    Local markets remained subdued last week, closing absolutely flat on a week-on-week basis.

    Monday, 22 October 2012 - 9:38am
  • Uptrend may be in its final stages

    In the holiday-truncated last week, Indian markets posted a new 52-week high, gaining about 1%. Market breadth remained firm on most days as mid-cap and small-cap indices continue to outperform.

    Monday, 8 October 2012 - 9:12am
  • Sept rocks, 5864 is well in sight

    Nifty scored a new 52-week high at 5735, but closed flat for the week, gaining a measly 0.1%. However, September proved to be the second-best month for Indian equities for the calendar year 2012, outperforming all global equity indices.

    Monday, 1 October 2012 - 8:55am
  • Consolidation likely in expiry week

    It was a volatile week for the bourses as the Nifty touched a new 52-week high on continued buying by foreign institutional investors and closed firmly above the early-2012 high of 5630.

    Monday, 24 September 2012 - 9:05am
  • Rallying point: 5864 is not too far

    5630 is an important level as it also regarded as the Dow Theory bull market signal line and once Nifty manages to settle above this level at least for a week, then we can witness even long-term players entering the market.

    Monday, 17 September 2012 - 9:02am
  • Mood’s upbeat, buy on declines

    Bulls fought back the downside on the back of strong gains in most global equity markets across the world as Nifty reverses all its losses to settle the week with a gain of 1.6%.

    Monday, 10 September 2012 - 8:11am
  • Whiff of consolidation, but bears rule

    It was a disastrous week for Indian markets as weakness in heavyweight sectors like banking, auto, oil & gas and capital goods dragged the benchmark Nifty lower by 2.5% for the week.

    Monday, 3 September 2012 - 9:00am