by Milan Vaishnav, CMT, MSTA | Jul 25, 2021 | Daily Market Outlook
Consolidation continued in the Indian equity markets as the NIFTY went near the upper edge of the range and retraced from there to end the day with a modest gain. The markets opened on a mildly positive note. In the early minutes of the trade, the NIFTY slipped in the...
by Milan Vaishnav, CMT, MSTA | Jul 24, 2021 | Weekly Market Outlook
Following a volatile week, the NIFTY finally took some breather as it traded within a defined range before closing with modest losses. The first half of the week saw sharp corrective moves from the higher levels; the second half of the week saw the NIFTY rebounding on...
by Milan Vaishnav, CMT, MSTA | Jul 22, 2021 | Daily Market Outlook
The equity markets had a session on expected lines as it saw a short covering led pullback and ended the day on a strong note. After two days of strong corrective activity, the NIFTY pulled itself back after taking support at its 50-DMA. Thursday’s session saw the...
by Milan Vaishnav, CMT, MSTA | Jul 21, 2021 | Daily Market Outlook
The bearish undertone prevailed on Tuesday as the NIFTY continued to slide, tested its important support levels, but ended on a negative note. The markets saw a negative start to the day and got weaker as the day progressed. At one point in time, the NIFTY slipped...
by Milan Vaishnav, CMT, MSTA | Jul 19, 2021 | Daily Market Outlook
The Indian markets got a rude opening to the week as it opened on a negative note and closed even weaker by the end of the day. In the previous technical note, we had mentioned that the breakout is something that should not be anticipated or taken for granted,...
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