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Tuesday Trade Setup: Options Data Show Mixed Signals As NIFTY Stands Overextended; Protect Profits

by Milan Vaishnav, CMT, MSTA | Jan 17, 2022 | Daily Market Outlook

After three days of consolidation, the Indian equity markets attempted to inch higher and end with gains in a very narrow session on Monday. Despite a relatively weak global setup, the NIFTY opened on a very resilient note. It did slip in the negative territory twice...

Monday Trade Setup: NIFTY Structurally Buoyant But Overextended; Price Action Against This Level Crucial To Watch

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

It was practically the third day of consolidation for the Indian equity markets where it traded in a defined range to end the day on a flat note. The NIFTY saw a negative start to the day. It attempted to recover from the opening lows in the first hour of the trade...

Week Ahead: NIFTY Stays Inherently Buoyant But Prone To Some Consolidation; Watch These Sectors

by Milan Vaishnav, CMT, MSTA | Jan 15, 2022 | Weekly Market Outlook

In strong but modestly ranged sessions over the past five days, the Indian equity markets extended their up move for the fourth week in a row while it posted gains. The entire five sessions were strong; the markets traded with a positive bias and used each of the...

Friday Trade Setup: NIFTY Stays Buoyant But Remains Prone To Consolidation; Stay Selective In Approach

by Milan Vaishnav, CMT, MSTA | Jan 13, 2022 | Daily Market Outlook

In a typically weekly options expiry-dominated session, the markets traded in a defined range before ending the day with a minor gain. The markets saw themselves opening on a positive note as it marked its day’s high point in the early minutes of the trade. However,...

Thursday Trade Setup: Options Expiry To Influence The Trend; Undercurrents Stay Strong

by Milan Vaishnav, CMT, MSTA | Jan 12, 2022 | Daily Market Outlook

The Indian equity markets refused to take a breather; the equities continued to surge as the NIFTY ended yet another day on a strong note. The markets saw a positive start to the day; the index opened higher and got stronger as the day progressed. The NIFTY moved past...
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