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Outlook For Wednesday: More Upside To Follow If NIFTY Stays Above This Point; Options Data Present Interesting Picture

by Milan Vaishnav, CMT, MSTA | Oct 5, 2021 | Daily Market Outlook

The equity markets had a much better than expected day as it not only ended the day on a robust note but also prepared a stage for another phase of a runup. The overnight global traded setup and the Asian trade setup were weak in the morning; however, the domestic...

Tuesday Trade Setup: NIFTY To See A Stable Start; Price Action Against This Level Crucial

by Milan Vaishnav, CMT, MSTA | Oct 4, 2021 | Daily Market Outlook

The Indian equity markets traded precisely on the expected lines. As mentioned in the previous note, the NIFTY not only just bounced back sharply, it also continued to stay in a range on the analyzed lines. The NIFTY saw a better and positive start to the day. After...

Monday Trade Setup: NIFTY Set To See A Positive Start; This Candle Should Not Be Read In Isolation

by Milan Vaishnav, CMT, MSTA | Oct 3, 2021 | Daily Market Outlook

The Indian equity markets stayed in the corrective mood on the last day of the trading week as it ended the day on a negative note. The markets opened lower and stayed in negative territory throughout the day. After opening with a cut, NIFTY continued to stay negative...

Week Ahead: NIFTY Stares At Important Support Levels; RRG Charts Show These Sectors Lending Inherent Strength To The Markets

by Milan Vaishnav, CMT, MSTA | Oct 2, 2021 | Weekly Market Outlook

The week that went by remained on much of the analyzed lines. In the previous weekly note, it was mentioned that the NIFTY is unlikely to see any runaway rise as per the technical setup as well as the Options data that point in time. It was also mentioned that the...

Friday Trade Setup: NIFTY To Stay Under Consolidation; Sectoral Outperformance To Continue

by Milan Vaishnav, CMT, MSTA | Sep 30, 2021 | Daily Market Outlook

The consolidation continued in the Indian equity markets;  though it looked a bit weaker than usual days of consolidation. The NIFTY saw a quiet start to the day; it stayed in a very narrow range until afternoon where it traded positive with modest gains. However, the...
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