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Tuesday Trade Setup: NIFTY May Show Mild Pullbacks; Broader Structure Remains Weak

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

In a thoroughly disappointing start to the fresh week, the Indian equity markets remained under a strong bear grip as they ended the day on a negative note. The NIFTY opened on a flat note; it went very briefly in the green in the early seconds of the session only to...

Monday Trade Setup: NIFTY May See A Tepid Start; These Pockets May Perform Relatively Better Against Broader Markes

by Milan Vaishnav, CMT, MSTA | Feb 6, 2022 | Daily Market Outlook

While continuing to trade on the expected lines, the Indian equity markets continued to modestly correct and end the day on a negative note. The NIFTY opened on a positive note, and after trading positive in the opening minutes of the session, it soon slipped in the...

Friday Trade Setup: NIFTY Drags Resistance Zone Lower; Navigate Markets Through These Pockets

by Milan Vaishnav, CMT, MSTA | Feb 3, 2022 | Daily Market Outlook

In the previous technical note, it was mentioned that the present technical setup of the markets hints at the NIFTY potentially slipping under some consolidation. The equity markets traded on the analyzed lines; they opened lower, got weaker, and ended the day with a...

Thursday Trade Setup: NIFTY Prone To Some Consolidation; Opens Up More Room On The Upside

by Milan Vaishnav, CMT, MSTA | Feb 2, 2022 | Daily Market Outlook

Much on the anticipated lines, the NIFTY extended its up move and ended the day on a positive note while piling up incremental gains. The markets saw a gap up opening; it remained in a narrow range throughout the day. While it stayed in a  capped range, the index was...

Outlook For Wednesday: NIFTY Likely To See Incremental Moves; Resistance Shifts Higher

by Milan Vaishnav, CMT, MSTA | Feb 1, 2022 | Daily Market Outlook

The markets reacted to the Union Budget on much-anticipated lines; it remained both positive as well as volatile as it reacted to one of the most important domestic events. The markets saw a strong opening following a positive overnight trade setup. As expected the...

Tuesday Trade Setup: NIFTY Faces The Most Important Domestic Event Of The Union Budget; Brace For Volatility With A Positive Bias

by Milan Vaishnav, CMT, MSTA | Jan 31, 2022 | Daily Market Outlook

The equity markets prepared themselves to face the Union Budget on a stronger footing as they opened higher and ended the day with gains. The NIFTY opened with a gap-up and got stronger as the day progressed. The Index maintained its gains throughout the day while it...
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