by Milan Vaishnav, CMT, MSTA | Mar 26, 2022 | Weekly Market Outlook
In the previous weekly note, it was mentioned that it was just the short covering that had fueled the rally over the past two weeks. The NIFTY had piled up over 1100-points in the two weeks before this week. There were clear signs of some impending consolidation at...
by Milan Vaishnav, CMT, MSTA | Mar 24, 2022 | Daily Market Outlook
The Indian equity markets continued to consolidate; the NIFTY opened on a weaker than expected note but recouped from the low point of the day to end with a negligible loss. The markets saw a weak start to the day; the Index opened more than 100 points lower. However,...
by Milan Vaishnav, CMT, MSTA | Mar 23, 2022 | Daily Market Outlook
In the previous technical note, it was mentioned that the 100-DMA levels are still one of the major resistances on a closing basis. The Indian equities opened on a firm note on Wednesday as the NIFTY attempted to move higher. However, the markets lost ground from the...
by Milan Vaishnav, CMT, MSTA | Mar 22, 2022 | Daily Market Outlook
The Indian equities had a remarkable turnaround from the low point of the day as they ended the day on a decently positive note. The markets witnessed a modestly negative start; the weakness increased in the late morning trade when the NIFTY drifted to almost 17000...
by Milan Vaishnav, CMT, MSTA | Mar 21, 2022 | Daily Market Outlook
In the previous technical note, it was pointed out that the Indian equities had been rising in a short-covering led rally and are due for some imminent correction. The session on Monday turned out to be precisely on the expected lines. The NIFTY opened on a modestly...
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