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Outlook For Wednesday: NIFTY Averts A Technical Breakdown; May Stay In A Broad Defined Range

by Milan Vaishnav, CMT, MSTA | Feb 15, 2022 | Daily Market Outlook

In a complete turnaround, the markets recovered all of its massive losses of the previous session as it ended the day with strong gains. The de-escalation of the geopolitical tensions between Russia and Ukraine paved the way for the return of confidence which saw a...

Tuesday Trade Setup: NIFTY Rests Precariously Near 200-DMA; Avoid Exposures Until Some Stability Emerges

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

In a largely disappointing session which can almost be called a “meltdown”, the Indian equity markets got swamped with a big corrective move; this move was fuelled by growing geopolitical tensions between Ukraine and Russia. The NIFTY saw a gap-down opening; after...

Monday Trade Setup: NIFTY Likely To See A Shaky Start; Avoid Aggressive Shorts As Broader Structure Remains Intact

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

Following three days of a technical pullback and after halting near the key resistance points, the Indian equity markets took a rude jolt on Friday as they corrected and ended the day on a negative note. The markets saw a negative opening; they opened with a gap down...

Friday Trade Setup: NIFTY Again Halts At A Crucial Resistance Zone; Gets Vulnerable To Minor Consolidation

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

Extending its up move for the third day in a row, the equity markets continued to inch higher as they ended yet another day with gains. The NIFTY opened on a higher note but soon slipped in the red in the first hour of the trade. However, a sharp up move followed...

Thursday Trade Setup: NIFTY Paused Its Rally At Crucial Point; Sustenance Above This Level May Take It Higher

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

In the previous technical note, it was mentioned that the  NIFTY’s price behavior against the 17300 levels will decide the trend; any move higher than that point will help NIFTY surge higher. The NIFTY saw a strong start to the day. It opened higher and got stronger...

Outlook For Wednesday: NIFTY Makes A Strong Attempt To Form A Reversal Point; Moving Past This Level Crucial

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

The Indian equity markets continued to trade precisely on the analyzed lines; they tested the supports mentioned in the previous technical note and rebounded from there to end the day with a modest gain. The NIFTY saw a positive start to the day; it soon slipped in...
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