by Milan Vaishnav, CMT, MSTA | Dec 30, 2021 | Daily Market Outlook
In the previous technical note, it was mentioned that the NIFTY is likely to stay ranged on the expiry of the current month’s derivative series. The markets turned out to have traded exactly on the anticipated lines. The NIFTY opened negative, crawled in the...
by Milan Vaishnav, CMT, MSTA | Dec 29, 2021 | Daily Market Outlook
It was a day of a range-bound movement and consolidation for the equity markets as the NIFTY stayed in the defined range and ended the day with a minor loss. The NIFTY saw a quiet start to the day; it soon got stronger and went on to mark the high point of the day in...
by Milan Vaishnav, CMT, MSTA | Dec 28, 2021 | Daily Market Outlook
The markets had a fairly stable session on Tuesday as they opened higher and ended the day with a decent gain. On the anticipated lines, the NIFTY saw a positive start to the day. Although the NIFTY traded in a defined trajectory, it kept marking incremental gains...
by Milan Vaishnav, CMT, MSTA | Dec 27, 2021 | Daily Market Outlook
The Indian equity markets got a very shaky start to the day as they opened lower but eventually spent the rest of the session recovering and end the day with gains. The markets saw a gap-down start; the NIFTY formed its low point of the day in the early minutes of the...
by Milan Vaishnav, CMT, MSTA | Dec 26, 2021 | Daily Market Outlook
In the previous technical note, it was mentioned that the NIFTY faces resistance in the 17150-17200 zones in form of the short-term 20-DMA as well as a small pattern trend line. It was imperative for the index to move past this zone for an extended up move. On the...
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