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Thursday Trade Setup: NIFTY Likely To Take Some Breather; Upsides May Stay Capped At This Point

by Milan Vaishnav, CMT, MSTA | Jan 5, 2022 | Daily Market Outlook

The Indian equity markets continued their unabated up move for the fourth day in a row; went on to end yet another day with gains. The NIFTY saw itself opening on a flat note and spent the morning session trading around its previous close levels. The markets headed...

Outlook For Wednesday: NIFTY’s Up Move May Get Capped Here As Per Options Data; Undercurrents Remain Strong

by Milan Vaishnav, CMT, MSTA | Jan 4, 2022 | Daily Market Outlook

In the previous note, it was mentioned that so long as the NIFTY stays above the 17500-mark, it is likely to stay inherently buoyant. The Indian equity markets saw a positive start to the day again, got stronger, and ended near its high point once again. Following a...

Tuesday Trade Setup: NIFTY Stays Inherently Strong; Use Consolidation, If Any To Make Select Purchases

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

Much on the anticipated lines, the Indian equities stepped into the new year on a very strong note. The NIFTY opened higher, got stronger, and while maintaining all its gains, ended the day on a strong note. In the previous technical note, it was mentioned that if the...

Monday Trade Setup: NIFTY May See Ranged Movements In Absence Of Global Cues; Stay Selective In Approach

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

The Indian equity markets ended the year 2021 on a strong note; on Friday, it opened higher, maintained its gains, and ended the day on a buoyant note. The NIFTY saw a positive start to the day which ensured the Index opened above its crucial resistance levels. After...

Week Ahead: Coming Days May See NIFTY Consolidating With Positive Bias; These Sectors May Do Relatively Better

by Milan Vaishnav, CMT, MSTA | Jan 1, 2022 | Weekly Market Outlook

Except for some intermittent consolidation, the previous five trading days largely saw the markets advancing and extending their technical pullbacks on the anticipated lines. As mentioned in the previous technical note, the high Put OI at 17000 stayed constant and...
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