Daily Market Outlook

Shaky start to the trade expected on Monday; session may remain volatile while markets interpret exit polls

In the Friday’s trade, the NIFTY held on to its important supports and saw a smart recovery from the lows of the day to end with gains. In our previous note, we had expected some respite from the we

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

Global headwinds hurt NIFTY; stability expected if Markets defend 10572

There was a wide-spread underperformance in the equity markets across the world, and Asia and India were no exception. Following negative global cues, the Indian Markets opened with a gap down and dri

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

Some stability expected on Thursday; 200-DMA crucial level to watch

Following overnight weakness in the US Markets and subsequent weak Asian peers, the Indian equities too suffered a setback as it opened lower and ended with losses. After opening on a negative note, t

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

Wednesday trade set-up: Consolidation might persist though undercurrent remains intact

Much on the anticipated lines, the Markets continued to consolidate in a narrow range, and ended the day with a minor loss. After opening on a flat note, the NIFTY drifted in the negative territory in

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

Tuesday likely to see some more consolidation within a defined range; 100-DMA remains a important resistance to cross

In our previous note, we had forecasted about the possibilities of the NIFTY seeing consolidation going ahead. This was expected as the index was approaching its overhead resistance area of 100-DMA, w

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

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