“ChartTalk” – Technical Newsletter
ChartTalk: A Sector Loses Its Footing as Key Levels Give Way
After marking a record high at 26,373 earlier this year, the Nifty has declined by over 5%, reflecting a phase of consolidation rather than outright trend reversal. However, beneath the surface, sectoral participation has weakened meaningfully. Financials, autos,...
ChartTalk: A Year of Selective Leadership: Lessons from 2025 and Signals for 2026
As 2025 draws to a close, global equity markets have delivered a year marked by sharp regional divergence, selective leadership, and restrained breadth. While several international indices posted strong relative gains, Indian equities navigated a more volatile and...
ChartTalk: A High Quality Continuation Structure Emerging On This Sector
Macro Backdrop The broader market environment remains constructive for domestic sectors. India continues to benefit from a stable macro setting, with crude oil trading in a broad equilibrium zone and not imposing material cost pressures on manufacturers. Currency...
ChartTalk: Diwali Picks 2025 – Lighting Up Opportunities
As the festival of lights ushers in a new Samvat year, markets too appear ready for a phase of renewed brightness. Diwali often symbolizes optimism and fresh beginnings — a fitting time to identify stocks that exhibit strong technical setups, improving momentum, and...
ChartTalk: Gold vs. Equity- Is It Time for a Trend Shift?
An Intermarket Analysis Perspective As outlined in one of John Murphy's classic books,Intermarket analysis highlights the inverse relationship between equities and Gold. When equity markets rally, Gold typically consolidates or declines, whereas a slowdown in equities...
ChartTalk: Is This Extended Consolidation a Trend Pause or Reversal For This Healthcare Provider?
The Rectangle pattern is a well-recognized price formation in technical analysis that represents a consolidation phase before the price makes a decisive move. It indicates a temporary balance between buyers and sellers, where the price fluctuates within a defined...
ChartTalk: Spotting Opportunities in This Sector as Relative Strength Improves
Relative Strength (RS) is one of the core indicators in the technical analyst’s toolbox, widely used to evaluate the performance of a stock or Index relative to a benchmark, such as a broader market index. Constructed as the ratio of the stock’s price to the...
ChartTalk: Spotting Potential Reversals Through RSI Divergence
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a cornerstone of technical analysis and one of the most widely used tools in a technician’s toolbox. This momentum oscillator measures the speed and change of price movements, oscillating between 0...
ChartTalk: Adding This Stock In The Portfolio For A Long Term Alpha Generation
Over the past weeks, the equity markets have been under turmoil. During the whole of November, we have seen unabated FII selling. Except for two days this month, the FIIs have been net sellers in the Indian market. As of now, November has seen net FII selling to the...
ChartTalk: Strategic Stock Selections for Diwali Mahurat 2024
In this month’s edition of ChartTalk, we delve into three high-potential stocks representing key sectors within the Indian market—NBFC, IT, and Financial Services—that are poised to deliver robust returns over the next year. Each selection is the result of thorough...