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Monday Trade Setup: NIFTY May See A Positive Start To The Day; Avoid Shorts As the Markets Approach The Union Budget

by Milan Vaishnav, CMT, MSTA | Jan 30, 2022 | Daily Market Outlook

What seemed like a perfect rebound for the markets turned into a consolidation day as the NIFTY gave up all its gains to end the day on a flat note. The markets opened positively and got stronger as the day progressed. They managed to maintain their gains until half...

Friday Trade Setup: NIFTY Still Not Out Of The Woods; Moving Past This Resistance Zone Crucial

by Milan Vaishnav, CMT, MSTA | Jan 27, 2022 | Daily Market Outlook

Following strong relative outperformance from the banking and the financial stocks, the NIFTY staged a remarkable recovery from its lows before continuing to end on a negative note. The markets opened with a gap down once again; they continued getting weaker until the...

Outlook for Thursday: Expiry Moves, Overnight Global Cues To Dominate NIFTY; Stay Light And Selective

by Milan Vaishnav, CMT, MSTA | Jan 26, 2022 | Daily Market Outlook

In line with the overnight global trade action, the Indian equities halted their five-day corrective decline as it staged a strong pullback while ending with gains. The NIFTY saw a weak opening; after the open, the index was down over 250-odd points at one point in...

Tuesday Trade Setup: Markets Remain Jittery and Structurally Weak; Avoid Purchases During Pullbacks

by Milan Vaishnav, CMT, MSTA | Jan 24, 2022 | Daily Market Outlook

The Indian equities corrected for the fifth day in a row; Monday’s session remained extremely brutal as NIFTY violated the 17000-levels briefly before ending with a deep cut. The NIFTY saw a resilient opening as it opened just with a modest cut and soon recovered from...

Monday Trade Setup: NIFTY Likely To See A Jittery Start; Markets May Attempt To Stabilize Themselves

by Milan Vaishnav, CMT, MSTA | Jan 23, 2022 | Daily Market Outlook

It was the fourth day of a corrective decline in the Indian equities as the NIFTY ended the day with a loss on the fourth consecutive day. The markets saw a negative start to the trade. After a negative start, the NIFTY remained in the negative territory for the...

Friday Trade Setup: NIFTY May Attempt To Stabilize; This Level Holds As Imp Support On Closing Basis

by Milan Vaishnav, CMT, MSTA | Jan 20, 2022 | Daily Market Outlook

Barring for the last hour pullback, the Indian equity markets remained under significant corrective pressure for the third day as it still ended the day with a cut. The markets opened on a negative note once again and remained under secular decline throughout the...
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