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Thursday Trade Setup: Rollovers To Dominate The Trend; Aggressive Buying To Be Avoided Unless NIFTY Moves Above This Point

by Milan Vaishnav, CMT, MSTA | Nov 24, 2021 | Daily Market Outlook

The markets started off on the penultimate day of the monthly expiry very much on the expected lines by entending its up move. The NIFTY opened on a modestly positive note and it kept making gradual highs during the day while trading in a limited range. At one point...

Outlook For Wednesday: NIFTY To See A Stable Start; Head Above This Level Will Mean Extended Move For The Markets

by Milan Vaishnav, CMT, MSTA | Nov 23, 2021 | Daily Market Outlook

As mentioned in the previous technical note, the Indian equity markets scrambled to find a bottom for themselves, but it was not before a jittery start to the day. Tuesday’s session saw the markest opened once again on a negative note. However, this time, it was the...

Tuesday Trade Setup: NIFTY Sees Mild Possibilities Of A Technical Pullback; Keep Leveraged Exposures Light

by Milan Vaishnav, CMT, MSTA | Nov 22, 2021 | Daily Market Outlook

The Indian equities declined for the fifth day in a row; this time, the Indian markets stayed one of the worst performers when compared to their peers. The market defined a stable trade setup as it opened after a gap of one day as Friday was a trading holiday. It...

Monday Trade Setup: NIFTY May Stay In A Range; Focus On Stocks That Are Showing Improving Relative Strength

by Milan Vaishnav, CMT, MSTA | Nov 21, 2021 | Daily Market Outlook

The fourth and the last trading day of the week also went on to remain under corrective pressure as the markets ended the day with a loss while ending up violating a few crucial support levels. The NIFTY opened on a modestly positive note; however, that led the...

Week Ahead: NIFTY’s Price Behavior Against This Zone Crucial; RRG Chart Show This Sector Rolling Inside The Leading Quadrant

by Milan Vaishnav, CMT, MSTA | Nov 20, 2021 | Weekly Market Outlook

The markets had a truncated previous week as Friday was a trading holiday on the account of Gurunanak Jayanti. In the four-day trading week, the NIFTY stayed in corrective mode and ended on a negative note on all the four trading days on the week. In the process, the...
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