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Monday Trade Setup: NIFTY Likely To See A Positive Start; Avoid Chasing The Up Move And Protect Profits At Higher Levels

by Milan Vaishnav, CMT, MSTA | Mar 20, 2022 | Daily Market Outlook

The Indian equities had a strong run on Thursday, the last trading day of the shortened week as they opened with a gap, maintained their gains, and ended the day on a very strong note. The NIFTY saw a gap-up opening on Thursday and kept marking incremental highs...

Week Ahead: Strong Start To The Week Expected But Consolidation Looks Imminent; RRG Chart Shows Defensive Play Is Likely

by Milan Vaishnav, CMT, MSTA | Mar 19, 2022 | Weekly Market Outlook

In the week before this one, looking at the quantum of the fresh short positions in the system, a strong possibility of the short-covering led rally was expected. The previous week saw a strong rally, obviously fueled by short-covering, which led to weekly gains of...

Thursday Trade Setup: NIFTY Stops At 200-DMA In A Short Covering Fueled Rally; Markets May Stay Cautious Ahead Of Long Weekend

by Milan Vaishnav, CMT, MSTA | Mar 16, 2022 | Daily Market Outlook

In a strong and positive session on Wednesday, the NIFTY had a short-covering fueled rally as it closed the day with decent gains. The markets saw a positive start to the day; it opened higher and maintained its gains through the entire day. The NIFTY did see some...

Outlook For Wednesday: NIFTY To Stay Tentative; No Sustainable Upside Likely Unless Markets Move Past This Zone

by Milan Vaishnav, CMT, MSTA | Mar 15, 2022 | Daily Market Outlook

The equity markets took a corrective turn after extending some gains over the previous close and ended the day with a cut. The NIFTY saw a stable opening; it opened higher on a positive note and formed its intraday high point in the early minutes of the trade. After...

Tuesday Trade Setup: NIFTY Still Has Some Room On The Upside; Stays Strongly Prone To Consolidation If Stays Below This Level

by Milan Vaishnav, CMT, MSTA | Mar 14, 2022 | Daily Market Outlook

On a strong trending day, the Indian equities opened on a better and more resilient note. They traded in a capped range in the first half of the session and grew stronger in the second half to end the day with strong gains. The markets saw a flat start to the day....
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