by Milan Vaishnav, CMT, MSTA | Dec 7, 2021 | Daily Market Outlook
The market action remained much on the expected lines; the NIFTY surged higher and recouped the bulk of its previous day’s loss to settle on Tuesday with gains. As mentioned in the previous technical note, the short covering did take place as anticipated, and the...
by Milan Vaishnav, CMT, MSTA | Dec 6, 2021 | Daily Market Outlook
It was a bad start to the fresh week as the Indian equities grossly underperformed the global markets to end the day with a loss. The markets opened in contrast with the Asian peers that were trading on a flat to a mildly positive note. After opening marginally in the...
by Milan Vaishnav, CMT, MSTA | Dec 5, 2021 | Daily Market Outlook
In a disappointing session, NIFTY did not extend its up move despite trading in a range in the first half of the day. The markets had closed just at its pattern resistance as evident from the chart. The NIFTY opened positive and got stronger on the expected lines....
by Milan Vaishnav, CMT, MSTA | Dec 4, 2021 | Weekly Market Outlook
Just like the previous one, this week also remained a relatively wide-ranging one with NIFTY oscillating in a 707-point range before ending with modest gains. Over the past five days, the markets struggled hard to find and create a base for themselves. They staged a...
by Milan Vaishnav, CMT, MSTA | Dec 2, 2021 | Daily Market Outlook
The expiry day of the weekly options went off quite well on the expected lines. The Indian market ended up on a buoyant note. Despite inheriting weak global overnight cues, the NIFTY saw itself starting the day on a much resilient note. After opening on a flat to...
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