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Thursday Trade Setup: NIFTY’s Price Behavior Against This Level Extremely Crucial; Stay Light On Positions

by Milan Vaishnav, CMT, MSTA | Apr 27, 2022 | Daily Market Outlook

In a thoroughly orchestrated session, the NIFTY suffered a gap down again on Wednesday and ended the day on a negative note. The markets opened negative but opened on a relatively resilient note. However, after managing to keep the losses capped, the NIFTY gave up in...

Outlook For Wednesday: NIFTY Halts Pullback At 200-DMA; Moving Past And Closing Above This Point Is Crucial

by Milan Vaishnav, CMT, MSTA | Apr 26, 2022 | Daily Market Outlook

In the previous technical note, it was mentioned that although the NIFTY had violated the 200-DMA and had dragged its supports down, a strong technical pullback cannot be ruled out. Keeping in line with this analysis, the NIFTY showed a strong technical pullback and...

Tuesday Trade Setup: NIFTY Drags Resistance Point Lower After Violation Of This Point; Technical Pullbacks Likely

by Milan Vaishnav, CMT, MSTA | Apr 25, 2022 | Daily Market Outlook

In a weak trading session, the Indian equities gave up a few crucial supports as they opened weak and ended the day with a loss. While inheriting the weak global trade setup of the weekend, the NIFTY opened with a weaker note. Following a negative start to the day,...

Monday Trade Setup: NIFTY Stares At A Potential Violation Of This Crucial Support; Stay Light On Positions

by Milan Vaishnav, CMT, MSTA | Apr 24, 2022 | Daily Market Outlook

On a disappointing day of trade, the equity markets opened lower, got weaker as the day progressed, and closed the session on a weak note. The NIFTY saw a negative opening; after opening in the negative territory, the index tried to recover some of its opening losses....

Week Ahead: What Will NIFTY Do Over The Coming Days? Read On To Find Out…

by Milan Vaishnav, CMT, MSTA | Apr 23, 2022 | Weekly Market Outlook

The bulk of the past five sessions was spent on a corrective note by the Indian equity markets. There were bounces that did not sustain; the NIFTY has struggled to keep its head above the 200-DMA level. The previous week saw a wide trading range of 590 points. In the...
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