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Tuesday Trade Setup: NIFTY Still Has Some Room On The Upside; Stays Strongly Prone To Consolidation If Stays Below This Level

by Milan Vaishnav, CMT, MSTA | Mar 14, 2022 | Daily Market Outlook

On a strong trending day, the Indian equities opened on a better and more resilient note. They traded in a capped range in the first half of the session and grew stronger in the second half to end the day with strong gains. The markets saw a flat start to the day....

Monday Trade Setup: NIFTY Likely To See A Soft Start To The Day; Protect Profits So Long As Markets Are Below This Zone

by Milan Vaishnav, CMT, MSTA | Mar 13, 2022 | Daily Market Outlook

It was a day of positive consolidation for the markets; the NIFTY opened on a weak note but soon managed to crawl back inside the positive territory in the first hour of the trade. After that, the NIFTY did not adopt any directional bias; it continued trading in a...

Friday Trade Setup: NIFTY Show Strong Moves; May Consolidate And Find Resistance Near This Zone

by Milan Vaishnav, CMT, MSTA | Mar 10, 2022 | Daily Market Outlook

After inheriting a buoyant global trade setup, the Indian equity markets saw a strong and a gap-up opening in the morning. The NIFTY saw itself opening well above 16700 levels; however, the markets formed their high point of the day in the early minutes of the trade....

Thursday Trade Setup: NIFTY Still Has Some Steam Left; Weekly Options Expiry and Overnight Cues Will Influence The Markets

by Milan Vaishnav, CMT, MSTA | Mar 9, 2022 | Daily Market Outlook

It was mentioned in the previous technical note that if the technical pullback continues, then the NIFTY has some room on the upside which can enable the Index to test 16200 levels. The session on Wednesday turned out to be much better than expected; the NIFTY opened...

Outlook For Wednesday: NIFTY May Extend Its Technical Pullback; May Test This Zone If No Fresh Negatives To Deal With

by Milan Vaishnav, CMT, MSTA | Mar 8, 2022 | Daily Market Outlook

On much-anticipated lines, the Indian equity markets made a hard attempt to find a temporary base for themselves. It recovered from its low point to end the day with gains. The markets saw a negative start to the day; the index, however, crawled inside the positive...

Tuesday Trade Setup: NIFTY Drags Resistance Lower As It Stares At An Imminent Technical Pullback; Divergence On Lead Indicators Seen

by Milan Vaishnav, CMT, MSTA | Mar 7, 2022 | Daily Market Outlook

In a very weak start to the week, the equity markets opened with a big gap-down, grew weaker as the day progressed, and ended with a cut despite some recovery from the lower levels. The geopolitical tensions just refused to go away; this massively impacted the...
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