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Tuesday Trade Setup: NIFTY May See A Jittery Start To The Trade; Markets Likely To Remain Trapped In This Zone

by Milan Vaishnav, CMT, MSTA | Dec 13, 2021 | Daily Market Outlook

After three days of strong technical pullbacks and two days of consolidation, the equity markets finally took a corrective turn and ended the day with a cut. Markets opened on a strong note on the expected lines; NIFTY opened positive and got stronger as the day...

Monday Trade Setup: NIFTY Likely To See Stable And Positive Start; Use Dips To Pick Relatively Stronger Stocks

by Milan Vaishnav, CMT, MSTA | Dec 12, 2021 | Daily Market Outlook

After three days of strong technical pullback, the markets spent their second day consolidating with inherently positive bias. On the last trading day of the week, the markets opened on a modestly negative note but soon crawled into the positive territory for a brief...

Week Ahead: NIFTY Crawls Above 20-Week MA; RRG Chart Shows These Sectors Continuing To Outperform

by Milan Vaishnav, CMT, MSTA | Dec 11, 2021 | Weekly Market Outlook

After ending with gains in the week before this one, the NIFTY continued with its pullback and has closed with gains this week as well. The trading range continued to remain wider on the expected lines as the NIFTY oscillated 651.55 points over the previous week....

Friday Trade Setup: NIFTY May Face Minor Resistance At This Level; The Undercurrent Remains Buoyant

by Milan Vaishnav, CMT, MSTA | Dec 9, 2021 | Daily Market Outlook

The trading session on the weekly options expiry day happened much on the expected lines. The NIFTY stayed in a capped range but also spent the entire day oscillating back and forth with a positive undercurrent.  After a positive start to the day, the NIFTY saw some...

Thursday Trade Setup: NIFTY Weekly Expiry Show Possibility Of A Ranged Trade; Protect Profits At Higher Levels

by Milan Vaishnav, CMT, MSTA | Dec 8, 2021 | Daily Market Outlook

In a strong surge fueled by short-covering, the Indian equity markets climbed higher for the second day in a row to end with robust gains. In yesterday’s technical note, it was mentioned that the NIFTY has ended just at the 100-DMA, and moving higher was important to...
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