by Milan Vaishnav, CMT, MSTA | Nov 6, 2021 | Weekly Market Outlook
In a three-day trading week truncated by festivities, the Indian equity markets attempted to stabilize on the expected lines. It rebounded from near the 50-DMA levels and also took support on an 18-month long upward rising trend line on the weekly charts. The NIFTY...
by Milan Vaishnav, CMT, MSTA | Nov 3, 2021 | Daily Market Outlook
Caution weighed heavy on the markets ahead of a long weekend as well as FOMC outcome as the Index ended the day on a sluggish note. Markets saw a stable and positive start to the day. The NIFTY opened higher and went near to the 18000 levels once again. However, after...
by Milan Vaishnav, CMT, MSTA | Nov 2, 2021 | Daily Market Outlook
After a strong technical rebound in the previous session, the Indian equities chose to consolidate as it ended the trading day with a modest cut. The NIFTY opened on a positive note; it marked its high point in the early minutes of the day. It tested the 18000 levels...
by Milan Vaishnav, CMT, MSTA | Nov 1, 2021 | Daily Market Outlook
In the previous technical note, it was mentioned that there are larger possibilities of the markets staging a technical pullback. Quite on the anticipated lines, the NIFTY staged a strong technical pullback; in the process, it validated certain levels as intermediate...
by Milan Vaishnav, CMT, MSTA | Oct 31, 2021 | Daily Market Outlook
Corrective action continued on the Indian markets; after taking a day’s breather, the NIFTY continued to correct for the third day in a row. The NIFTY opened lower, but it recovered over 200-points from the low point formed in the morning to trade in the green by late...
Recent Comments