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Monday Trade Setup: NIFTY Likely To See A Jittery Start; Markets May Attempt To Stabilize Themselves

by Milan Vaishnav, CMT, MSTA | Jan 23, 2022 | Daily Market Outlook

It was the fourth day of a corrective decline in the Indian equities as the NIFTY ended the day with a loss on the fourth consecutive day. The markets saw a negative start to the trade. After a negative start, the NIFTY remained in the negative territory for the...

Week Ahead: NIFTY Badly Needs To Defend Key Levels In The Coming Week; RRG Charts Show No Major Change In Sectoral Setup

by Milan Vaishnav, CMT, MSTA | Jan 22, 2022 | Weekly Market Outlook

In a week where the trading range remained much wider on the expected lines, the Indian equity markets remained predominantly under pressure. For four out of five days, the NIFTY remained under sustained corrective pressure as it ended each of the past four days in a...

Friday Trade Setup: NIFTY May Attempt To Stabilize; This Level Holds As Imp Support On Closing Basis

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

Barring for the last hour pullback, the Indian equity markets remained under significant corrective pressure for the third day as it still ended the day with a cut. The markets opened on a negative note once again and remained under secular decline throughout the...

Thursday Trade Setup: NIFTY Will Have To Move Past 18k To Avoid Weakness; Stay Selective While Keeping Exposures Modest

by Milan Vaishnav, CMT, MSTA | Jan 19, 2022 | Daily Market Outlook

The corrective undertone continued to persist in the Indian equity markets; the markets opened lower and extended their losses to end the day in the red. The NIFTY opened on a flat note but soon slipped in the negative territory. The index kept marking gradual...

Outlook For Wednesday: NIFTY Slips Under Broad Consolidation; This Pattern Resistance Crucial To Watch

by Milan Vaishnav, CMT, MSTA | Jan 18, 2022 | Daily Market Outlook

The overextended markets slipped in the corrective mode on the expected line as it validated the important trend line pattern resistance. The NIFTY witnessed a modestly positive start to the day. However, it marked its day’s high point in the early minutes of the...
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