by Milan Vaishnav, CMT, MSTA | May 22, 2022 | Daily Market Outlook
In yet another gaped opening, and this time on the upside, the Indian markets staged a strong short covering-led move and ended the day on a strong note. The NIFTY opened on a higher note; it got stronger as the day progressed. The markets went past the crucial...
by Milan Vaishnav, CMT, MSTA | May 21, 2022 | Weekly Market Outlook
The five sessions over the previous week stayed gripped with insane volatility; four out of five days saw the NIFTY gapping either on the up or on the downside. The wild moves are not reflected on the weekly charts, but the close examination of the daily chart made...
by Milan Vaishnav, CMT, MSTA | May 19, 2022 | Daily Market Outlook
Equity markets had a very disappointing and structured session on Thursday; it opened with a strong gap-down, grew weaker as the day progressed, and ended with a deep cut. The markets inherited a very weak overnight trade setup; the US markets had a deep cut, and this...
by Milan Vaishnav, CMT, MSTA | May 18, 2022 | Daily Market Outlook
After a strong move of over 400-points in the session before this one, the NIFTY spent a day in a strong consolidation mode as it ended the day with a minor loss. The markets saw a positive start to the day; it traded with modest gains in the first half of the...
by Milan Vaishnav, CMT, MSTA | May 17, 2022 | Daily Market Outlook
In the previous technical note, it was mentioned that the NIFTY has been testing the pattern support for the last two days; the oversold nature of the markets makes a larger case for a technical pullback. The markets finally got its long-awaited strong technical...
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