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Thursday Trade Setup: NIFTY To Stay Under Consolidation; These Pockets Will Continue To Outperform

by Milan Vaishnav, CMT, MSTA | Sep 29, 2021 | Daily Market Outlook

It was a day of positive consolidation for the NIFTY again; it not only traded in a defined range but also resisted the mentioned levels in the previous technical note. The Indian equities had a negative start to the trade; NIFTY opened lower in line with the...

Outlook For Wednesday: NIFTY Finally Slips In Some Consolidation; Watch Out These Pockets For Resilient Shows

by Milan Vaishnav, CMT, MSTA | Sep 28, 2021 | Daily Market Outlook

Tuesday’s session turned out to be exactly on the expected lines. The NIFTY not only resisted the mentioned levels but also some corrective activity taking place during the day. The markets saw a positive start to the day, NIFTY marked its intraday high in the opening...

Tuesday Trade Setup: NIFTY To Stay Range Bound; Keeping Head Above This Point Crucial

by Milan Vaishnav, CMT, MSTA | Sep 27, 2021 | Daily Market Outlook

It was a day of th0rough consolidation in the markets; much on the lines of the analysis carried out in the previous note. It was mentioned that while the NIFTY may consolidate, the other indexes like Banks, Auto, and PSE may continue improving their relative strength...

Monday Trade Setup: NIFTY Set For A Quiet Start; Sector-Specific Outperformance May Be Seen

by Milan Vaishnav, CMT, MSTA | Sep 26, 2021 | Daily Market Outlook

The previous five days of the week remained largely buoyant; however, NIFTY kept rising on one day and consolidating on the other day while rising on alternate days. On Friday, the NIFTY marked its fresh lifetime high of 17947 and came off from the high point of the...

Week Ahead: Buoyant NIFTY May Face Consolidation At Higher Levels; Expect Outperformance From These Sectors

by Milan Vaishnav, CMT, MSTA | Sep 25, 2021 | Weekly Market Outlook

Much on the expected lines, the Indian equity markets had a strong week. Despite being overbought and a bit overextended on the charts, the stocks put up a resilient show while the NIFTY tested and closed at a fresh lifetime high point. The Indian markets were one of...
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