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Outlook For Wednesday: Price Action Of NIFTY Against This Point Important; Stay Selective In Approach

by Milan Vaishnav, CMT, MSTA | Jan 11, 2022 | Daily Market Outlook

The Indian equities performed much better than expected as it went on to end with yet another day of gains. The opening of the market remained resilient; they opened on a modestly positive note. However, the index soon slipped in the red in the first hour of the trade...

Tuesday Trade Setup: NIFTY May See Some Consolidation; Price Behavior Against This Level Crucial To Watch

by Milan Vaishnav, CMT, MSTA | Jan 10, 2022 | Daily Market Outlook

After taking a breather for two days, the equity markets resumed their up move to move towards its critical resistance points as it ended the day on a strong note. The Indian equities saw a gap-up opening and maintained their gains throughout the day. The NIFTY...

Monday Trade Setup: NIFTY Likely To See A Stable Opening; May Continue To Stay Largely Rangebound

by Milan Vaishnav, CMT, MSTA | Jan 9, 2022 | Daily Market Outlook

It was a classic day of consolidation for the equity markets as the NIFTY took the breather, consolidated its gains, and ended the day with a modest gain. The markets saw a strong start to the day. After opening on a positive note, the NIFTY surged higher to mark the...

Week Ahead: NIFTY Likely To Stay Capped Until Below This Level; Pharma, Metals, and IT To Relatively Outperform

by Milan Vaishnav, CMT, MSTA | Jan 8, 2022 | Weekly Market Outlook

The Indian equity markets extended its up move for this week as well and ended with gains. The NIFTY gained for the first three trading sessions and then consolidated in the last two sessions of the week. The market continued to display its internal strength and looks...

Friday Trade Setup: NIFTY Likely To See A Quiet Start; May Stay Largely Ranged With Capped Upsides

by Milan Vaishnav, CMT, MSTA | Jan 6, 2022 | Daily Market Outlook

On the much-anticipated lines, the equity markets took a breather after strong moves over several days and ended the day with a loss. There was also the weekly options expiry that the markets dealt with; the session remained influenced by the options expiry and this...
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