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Tuesday Trade Setup: NIFTY Stages One More Breakout; Drags Supports Higher

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

While moving precisely on the expected lines, the Indian equity markets staged a strong breakout as it went near to the 17000-mark while ending once again at a new lifetime high. The markets opened on a positive note. This saw the NIFTY opening higher; it only got...

Monday Trade Setup: NIFTY Set To See A Positive Start To The Day; Stay Cautiously Stock-Specific

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

Once again after the consolidation of two days, the Indian equities showed their intention of moving higher as it ended near its high point of the day. The NIFTY has been consolidating near 16700; any move higher is supposed to result in some incremental gains for the...

Week Ahead: NIFTY Makes Some More Room For Upside; Chase Momentum While Protecting Profits Vigilantly

by Milan Vaishnav, CMT, MSTA | Aug 28, 2021 | Weekly Market Outlook

In the previous weekly note, it was mentioned that although the markets are due for some range-bound consolidation, defending the zone of 16300-16450 will be crucial for the NIFTY. Over the past five days, the NIFTY kept marking intermittent highs with some...

Friday Trade Setup: NIFTY To See Quiet Start; Moving Past This Point Is Essential For A Fresh Move

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

The Indian equity markets consolidated for the second day in a row and ended absolutely on a flat note. The markets saw a quiet opening on the expected lines. The Index opened mildly negative but soon crawled inside the positive territory. However, while it traded...

Thursday Trade Setup: NIFTY To Stay In Defined Range Unless This Level Is Taken Out; Stay Stock-Specific

by Milan Vaishnav, CMT, MSTA | Aug 25, 2021 | Daily Market Outlook

Ahead of the monthly derivatives expiry, the Indian equities once again consolidated as it traded in a range and ended positive but with negligible gains. Markets saw a positive start to the day; it got stronger in the evening trade while continuing to post fresh...
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