by Milan Vaishnav, CMT, MSTA | May 4, 2022 | Daily Market Outlook
Markets got an out-of-the-blue jolt from the RBI when the central bank raised the rates in the middle of its usual cycle which is one month away. The markets anyways had a weak start to the day. As it had opened after a gap of one day after the Eid break, it was...
by Milan Vaishnav, CMT, MSTA | May 3, 2022 | Daily Market Outlook
Much on the anticipated lines, the NIFTY staged a strong pullback after a negative show in the previous session. In the last technical note, it was mentioned that the NIFTY had a lot of short positions as these shorts may lend support to the markets at lower levels....
by Milan Vaishnav, CMT, MSTA | May 1, 2022 | Daily Market Outlook
On a thoroughly disappointing day of the trade, the NIFTY gave up all its gains in the last hour and a half of the session and closed in the negative. The markets saw a positive opening; they pared their gains to trade flat in the first 30 minutes of the session. The...
by Milan Vaishnav, CMT, MSTA | Apr 30, 2022 | Weekly Market Outlook
While continuing to trade precisely on the expected lines, the NIFTY continued to struggle to keep its head above the key levels as it closed the week on a flat note with a negative bias. All the five days of the week stood very shaky for the markets; NIFTY either...
by Milan Vaishnav, CMT, MSTA | Apr 28, 2022 | Daily Market Outlook
In yet another expected move, the NIFTY staged a technical pullback once again; it opened with a gap up and maintained its gains after an initial blip through the day while it closed on a positive note. The NIFTY opened on a positive note; despite a positive start,...
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