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Outlook For Wednesday: NIFTY Reinforced Credibility Of This Resistance Zone; Continue Protecting Profits At Higher Levels

by Milan Vaishnav, CMT, MSTA | Jul 6, 2021 | Daily Market Outlook

Much on the anticipated lines, the NIFTY failed to sustain its gains and came off from its high point before ending the day with a minor loss. The markets had a strong start to the day; the opening stayed better than what the Asian trade setup and the SGX suggested....

Tuesday Trade Setup: NIFTY Approaches Key Resistance Zone; This Level Continues Holding Maximum Call OI

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

The markets had a very orchestrated session on Tuesday as it ended with a modest gap up and spent the entire session moving in the sideways trajectory. The NIFTY opened on a positive note and stayed positive throughout the day. Following a strong start, the NIFTY made...

Monday Trade Setup: NIFTY Set To See A Modestly Positive Start; Continue Approaching Markets This Way

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

The NIFTY continued to exhibit corrective bias on the last trading day of the week. However, it did manage to end on a positive note. The markets opened on a positive note, but the morning session soon saw the index drifting in the negative territory where it marked...

Week Ahead: NIFTY Stares At Crucial Support As It Rests On Major Pattern Support; RRG Chart Shows Mixed Sector Setup

by Milan Vaishnav, CMT, MSTA | Jul 3, 2021 | Weekly Market Outlook

Following a buoyant performance in the week before this one, the Indian equities had a quiet show over the past five days. The trading range throughout the previous week was narrower and rested itself on key support. The NIFTY approached its lifetime high point and...

Friday Trade Setup: NIFTY Likely To Stay Subdued; These Factors Can Affect The Markets

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

In a completely listless session, the Indian markets consolidated with a negative bias and ended the day with a modest loss. The markets saw a positive opening; it was in this early minute of the trade that the NIFTY marked its high point of the day. After staying...
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