by Milan Vaishnav, CMT, MSTA | Aug 24, 2021 | Daily Market Outlook
With strong market breadth, the Indian equities resumed their up move and ended a day with decent gains. The markets saw a positive start to the day on the expected lines. However, after opening positive, the NIFTY slowly drifted lower and at one point in time it...
by Milan Vaishnav, CMT, MSTA | Aug 23, 2021 | Daily Market Outlook
The Indian equity markets somewhat had an underperforming day as it did open with a gap up, but ended with just some modest gains. Following a buoyant technical setup in the global markets, NIFTY opened strong with a gap. However, in the first two hours of the trade,...
by Milan Vaishnav, CMT, MSTA | Aug 22, 2021 | Daily Market Outlook
While trading perfectly on the analyzed lines, the markets did both the things that it was expected to do. It did open with a gap down; but also, it opened near its support and demonstrated strong resilience to the global weakness. After opening on a negative note,...
by Milan Vaishnav, CMT, MSTA | Aug 21, 2021 | Weekly Market Outlook
In the previous weekly note, we had mentioned that the only trouble with the otherwise buoyant NIFTY is that it is overextended on the daily chart. The week that went by saw the markets consolidating at higher levels. On the global landscape, the taper tantrums” from...
by Milan Vaishnav, CMT, MSTA | Aug 19, 2021 | Daily Market Outlook
The markets showed first signs of taking a breather as it opened positive, got stronger, but came off from its high point to end in the negative. Following a positive start to the day, the NIFTY got stronger and post yet another new lifetime high for itself. It...
Recent Comments