Daily Market Outlook

Outlook for Tuesday: Critically important for NIFTY to keep its head above 10180-10250 levels

Indian equities saw itself grossly underperforming against its Asian peers as it ended yet another day posting modest losses. The markets witnessed a 100-point gap-up opening but soon pared most of th

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

Outlook for Monday: Resilience likely but important for NIFTY to keep its head above 10180-10200 in event of continued weakness

Weakness continued to persist in the Indian Equity Markets on Friday as well as the NIFTY opened lower and drifted further to end the day with losses. Some modest amount of recovery was seen from the

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

Friday likely to see Markets showing tentative bias; behavior vis-a-vis 10380-10400 zone crucial

It was expected that the range of 10700-10750 will attract some resistance and subsequently some consolidation for the Markets. Wednesday’s session did see NIFTY giving a strong opening and testing

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

Wednesday likely to continue to see positive price action if there are no overnight negative news-flows to deal with

Tuesday’s session remained relatively uneventful but very much on expected lines, as the Markets extended its up move. NIFTY saw positive opening in absence of any overnight negative news flows and

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

Tuesday likely to see Markets extending its pullback; 10400-mark important to watch in event of any consolidation

Contrary to what was expected, the Markets saw a flat start and the rest of the session remained quite volatile than expected. After opening flat, the NIFTY drifted into the negative territory. Howeve

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

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