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Thursday Trade Setup: NIFTY Precariously Poised; May See Short-Covering If This Level Is Defended

by Milan Vaishnav, CMT, MSTA | Nov 17, 2021 | Daily Market Outlook

In yet another sluggish and corrective day, the NIFTY ended on a negative note despite staying resilient for the most part of the day. Following a weak global setup, the markets opened lower; however, it soon managed to crawl in the positive territory as it showed...

Outlook For Wednesday: NIFTY May See A Tepid Start To The Day; Technical Structure May Get Increasingly Defensive

by Milan Vaishnav, CMT, MSTA | Nov 16, 2021 | Daily Market Outlook

In a sluggish day of the trade, the Indian equities continued to modestly correct and end the day on a negative note after spending the major part of the session without any directional cue. The Markets opened on a positive note; it marked the high point of the day in...

Tuesday Trade Setup: NIFTY Set To See A Stable Start; Focus On These Defensive Stocks

by Milan Vaishnav, CMT, MSTA | Nov 15, 2021 | Daily Market Outlook

The markets began the fresh week on a cautious note as it came off from its high point before ending the day on a flat note. The NIFTY saw a positive but tentative start for the day. The index opened on a positive note and soon marked its intraday high point in the...

Monday Trade Setup: NIFTY May See A Stable Start To The Day; Continue Staying Stock-Specific

by Milan Vaishnav, CMT, MSTA | Nov 14, 2021 | Daily Market Outlook

On the last day of the trading week, the Indian stocks witnessed a massive short-covering led move that propelled the markets higher and end the day with strong gains. The markets opened on a positive note. Following a positive start, the NIFTY saw paring of its gains...

Week Ahead: Truncated Week To See NIFTY Defending The Crucial Levels; RRG Chart Show These Sectors Continuing To Outperform

by Milan Vaishnav, CMT, MSTA | Nov 13, 2021 | Weekly Market Outlook

Over the past five days, somewhat volatile NIFTY oscillated in a defined range before ending the week with modest gains. Throughout the week, the majority of the time was spent on a corrective note. It was only the last day of the trading week that saw massive short...
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