by Milan Vaishnav, CMT, MSTA | Oct 24, 2021 | Daily Market Outlook
The Indian equity markets continued to correct for the fourth day in a row as it ended yet another day on a negative note. The NIFTY opened on a positive note; it inched higher and marked its high point of the day in the first hour of the trade. However, after trading...
by Milan Vaishnav, CMT, MSTA | Oct 23, 2021 | Weekly Market Outlook
After testing a fresh lifetime high at 18604, the Indian equity markets slipped into some corrective consolidation within a broad range. The bulk of the previous week was spent in the corrective mode as the NIFTY rapidly lost ground after testing a fresh lifetime...
by Milan Vaishnav, CMT, MSTA | Oct 21, 2021 | Daily Market Outlook
Continuing to correct for the third day, the Indian equity markets ended the day with a loss despite a rebound from lower levels. The markets opened on a positive note and marked the day’s high in the opening minutes of the trade. NIFTY soon pared its gains to trade...
by Milan Vaishnav, CMT, MSTA | Oct 20, 2021 | Daily Market Outlook
Indian equity markets continued to correct for the second day in a row as it ended the day with a cut. The markets had a stable start to the day on the expected lines, but it soon slipped into the negative territory. However, this slippage was recovered in the first...
by Milan Vaishnav, CMT, MSTA | Oct 19, 2021 | Daily Market Outlook
It was mentioned in the previous technical note that given the overextended nature of the markets, some consolidation at current or higher levels cannot be ruled out. After an unabated move for more than a week, the Indian equity markets finally saw some corrective...
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