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Thursday Trade Setup: NIFTY Will Have To Move Past 18k To Avoid Weakness; Stay Selective While Keeping Exposures Modest

by Milan Vaishnav, CMT, MSTA | Jan 19, 2022 | Daily Market Outlook

The corrective undertone continued to persist in the Indian equity markets; the markets opened lower and extended their losses to end the day in the red. The NIFTY opened on a flat note but soon slipped in the negative territory. The index kept marking gradual...

Outlook For Wednesday: NIFTY Slips Under Broad Consolidation; This Pattern Resistance Crucial To Watch

by Milan Vaishnav, CMT, MSTA | Jan 18, 2022 | Daily Market Outlook

The overextended markets slipped in the corrective mode on the expected line as it validated the important trend line pattern resistance. The NIFTY witnessed a modestly positive start to the day. However, it marked its day’s high point in the early minutes of the...

Tuesday Trade Setup: Options Data Show Mixed Signals As NIFTY Stands Overextended; Protect Profits

by Milan Vaishnav, CMT, MSTA | Jan 17, 2022 | Daily Market Outlook

After three days of consolidation, the Indian equity markets attempted to inch higher and end with gains in a very narrow session on Monday. Despite a relatively weak global setup, the NIFTY opened on a very resilient note. It did slip in the negative territory twice...

Monday Trade Setup: NIFTY Structurally Buoyant But Overextended; Price Action Against This Level Crucial To Watch

by Milan Vaishnav, CMT, MSTA | Jan 16, 2022 | Daily Market Outlook

It was practically the third day of consolidation for the Indian equity markets where it traded in a defined range to end the day on a flat note. The NIFTY saw a negative start to the day. It attempted to recover from the opening lows in the first hour of the trade...

Friday Trade Setup: NIFTY Stays Buoyant But Remains Prone To Consolidation; Stay Selective In Approach

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

In a typically weekly options expiry-dominated session, the markets traded in a defined range before ending the day with a minor gain. The markets saw themselves opening on a positive note as it marked its day’s high point in the early minutes of the trade. However,...

Thursday Trade Setup: Options Expiry To Influence The Trend; Undercurrents Stay Strong

by Milan Vaishnav, CMT, MSTA | Jan 12, 2022 | Daily Market Outlook

The Indian equity markets refused to take a breather; the equities continued to surge as the NIFTY ended yet another day on a strong note. The markets saw a positive start to the day; the index opened higher and got stronger as the day progressed. The NIFTY moved past...
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