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Friday Trade Setup: NIFTY May Continue To Stay Ranged; Focus On These Large Caps

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

While trading much on the anticipated lines, the Indian stock markets consolidated but still went on to end on a positive note. Markets saw a modestly positive start to the day. However, NIFTY soon drifted in the negative territory in the first hour of the session...

Outlook For Thursday: NIFTY Likely To See A Ranged Session; Options Expiry To Influence The Trend

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

Much on the expected lines, the Markets extended Tuesday’s breakout and posted incremental gains. The NIFTY saw a positive start to the day and got stronger as the morning session progressed. However, after marking its high point in the late morning session, the NIFTY...

Outlook For Wednesday: NIFTY Stages A Breakout; Continue Focusing On These Stocks

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

Following severe consolidation for over two months, the NIFTY finally broke out from the broad consolidation zone and ended the day on a very strong note. The markets saw themselves opening on a positive note. However, it traded in a capped zone in the first hour of...

Tuesday Trade Setup: NIFTY Whisker Away From A Breakout; Avoid Preempting The Move Without Confirmation

by Milan Vaishnav, CMT, MSTA | Aug 2, 2021 | Daily Market Outlook

The markets had a stronger-than-expected as the NIFTY went close to its crucial resistance area and ended the day with a decent gain. The markets saw a positive start to the day; the NIFTY opened near its crucial 15900-15950 area and spent the entire day in a very...

Monday Trade Setup: Positive Start Likely For The NIFTY; This Zone Stays Crucial For The Markets

by Milan Vaishnav, CMT, MSTA | Aug 1, 2021 | Daily Market Outlook

Range-bound consolidation continued in the stock markets for the eighth week as the markets ended the day with a minor loss. The NIFTY went once again near its resistance zone and face selling pressure creeping into the trade once again. The index opened on a modestly...
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