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Tuesday Trade Setup: NIFTY Likely To See Ranged Consolidation; Use All Upsides In This Way

by Milan Vaishnav, CMT, MSTA | Oct 18, 2021 | Daily Market Outlook

It was yet another day of buoyancy for the Indian capital markets; the NIFTY opened positive, inched higher, and went on to close at a new lifetime high point. The markets saw a gap up opening for the third day in a row; the session, however, remained that of a narrow...

Monday Trade Setup: Internal Strength Of NIFTY Remains Intact; Approach Markets This Way At Current And Higher Levels

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

In the previous technical note, it was mentioned that the price behavior of NIFTY against the levels of 18200 will decide the trend for the day. The Indian equity markets continued to put their resilient foot forward as compared with their peers; showed a strong...

Week Ahead: Buoyant NIFTY May Positively Consolidate; RRG Charts Show That Sector-Specific Shows May Continue

by Milan Vaishnav, CMT, MSTA | Oct 16, 2021 | Weekly Market Outlook

In the interrupted week that was truncated on account of Dussehra on Friday, the Indian equity markets traded very much on the expected and analyzed lines. In the previous note, it was mentioned that given the structure of the technical patterns and the analysis of...

Thursday Trade Setup: Buoyancy Intact In NIFTY; Keep Trailing Stop-Loss In Place While Tracking These Stocks

by Milan Vaishnav, CMT, MSTA | Oct 13, 2021 | Daily Market Outlook

The Indian equity markets put up a rock-solid show once again as it not only staged a fresh breakout but also scaled and closed at new lifetime high levels. In a relatively less volatile session, the NIFTY opened on a modestly positive note and marked its low point of...

Outlook For Wednesday: NIFTY Stares At Breakout Once Again; Approach The Markets In This Way

by Milan Vaishnav, CMT, MSTA | Oct 12, 2021 | Daily Market Outlook

While trading much on the anticipated lines, the NIFTY consolidated near the all-important 18000 levels and also continued showing strong internal strength as it ended the day on a positive note. Given the kind of trade setup that the NIFTY had inherited, the domestic...
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