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Week Ahead: NIFTY To See Defined Moves Over The Coming Days; RRG Chart Show This Sector Potentially Ending Its Relative Underperformance

by Milan Vaishnav, CMT, MSTA | Feb 5, 2022 | Weekly Market Outlook

After two weeks of corrective decline, the Indian equities tried to find a base for themselves; trading in a defined range, and ended the week with some gains. The past five trading sessions remained as expected; the NIFTY has slipped below the 20-Week MA and resisted...

Friday Trade Setup: NIFTY Drags Resistance Zone Lower; Navigate Markets Through These Pockets

by Milan Vaishnav, CMT, MSTA | Feb 3, 2022 | Daily Market Outlook

In the previous technical note, it was mentioned that the present technical setup of the markets hints at the NIFTY potentially slipping under some consolidation. The equity markets traded on the analyzed lines; they opened lower, got weaker, and ended the day with a...

Thursday Trade Setup: NIFTY Prone To Some Consolidation; Opens Up More Room On The Upside

by Milan Vaishnav, CMT, MSTA | Feb 2, 2022 | Daily Market Outlook

Much on the anticipated lines, the NIFTY extended its up move and ended the day on a positive note while piling up incremental gains. The markets saw a gap up opening; it remained in a narrow range throughout the day. While it stayed in a  capped range, the index was...

Outlook For Wednesday: NIFTY Likely To See Incremental Moves; Resistance Shifts Higher

by Milan Vaishnav, CMT, MSTA | Feb 1, 2022 | Daily Market Outlook

The markets reacted to the Union Budget on much-anticipated lines; it remained both positive as well as volatile as it reacted to one of the most important domestic events. The markets saw a strong opening following a positive overnight trade setup. As expected the...

Tuesday Trade Setup: NIFTY Faces The Most Important Domestic Event Of The Union Budget; Brace For Volatility With A Positive Bias

by Milan Vaishnav, CMT, MSTA | Jan 31, 2022 | Daily Market Outlook

The equity markets prepared themselves to face the Union Budget on a stronger footing as they opened higher and ended the day with gains. The NIFTY opened with a gap-up and got stronger as the day progressed. The Index maintained its gains throughout the day while it...
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