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Outlook For Wednesday: NIFTY May See A Stable Start; Continue With Stock-Specific Approach

by Milan Vaishnav, CMT, MSTA | May 10, 2022 | Daily Market Outlook

For the second day in a row, the Indian equity markets tried hard to stabilize; they opened on a much resilient note, traded in a range, and ended the day with a modest loss. The markets saw a much better and resilient opening to the trade and spent the morning...

Tuesday Trade Setup: NIFTY Stares At An Imminent Pullback; Avoid Shorting The Markets At Current Levels

by Milan Vaishnav, CMT, MSTA | May 9, 2022 | Daily Market Outlook

It was a negative day for the Indian equity markets once again, but it was the first time that the markets made some visible attempts to find a potential base for themselves for the near term. Following a weak overnight trade setup, the NIFTY opened on a weak note; a...

Monday Trade Setup: NIFTY Continues To Pile Up Shorts; Avoid Trading This Gap In Isolation

by Milan Vaishnav, CMT, MSTA | May 8, 2022 | Daily Market Outlook

The markets had a very weak day on Friday as they inherited a severely weak global trade setup. Following a deep red overnight in the US markets, the Asian markets too started on a negative note. India was no exception. The NIFTY saw a gap-down opening on Friday and...

Week Ahead: NIFTY Violates Support But Adds Massive Shorts To The System; RRG Chart Shows These Sectors Staying Resilient

by Milan Vaishnav, CMT, MSTA | May 7, 2022 | Weekly Market Outlook

In a week that was truncated due to a trading holiday on account of Eid, the Indian equity markets traded weak for the most part of the shortened 4-day trading week as it ended in the red for three out of four sessions. Among these, the last trading day on Friday...

Friday Trade Setup: NIFTY May See A Stable Start To The Day; Avoid Adding Fresh Shorts

by Milan Vaishnav, CMT, MSTA | May 5, 2022 | Daily Market Outlook

In a session that remained highly influenced and affected by the weekly options expiry, the equity markets closed on a flat note after coming off over 290-points from their high point of the day. The markets saw a strong start; it grew stronger as the day progressed...
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