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Outlook For Wednesday: Price Action Of NIFTY Against This Point Important; Stay Selective In Approach

by Milan Vaishnav, CMT, MSTA | Jan 11, 2022 | Daily Market Outlook

The Indian equities performed much better than expected as it went on to end with yet another day of gains. The opening of the market remained resilient; they opened on a modestly positive note. However, the index soon slipped in the red in the first hour of the trade...

Tuesday Trade Setup: NIFTY May See Some Consolidation; Price Behavior Against This Level Crucial To Watch

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

After taking a breather for two days, the equity markets resumed their up move to move towards its critical resistance points as it ended the day on a strong note. The Indian equities saw a gap-up opening and maintained their gains throughout the day. The NIFTY...

Monday Trade Setup: NIFTY Likely To See A Stable Opening; May Continue To Stay Largely Rangebound

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

It was a classic day of consolidation for the equity markets as the NIFTY took the breather, consolidated its gains, and ended the day with a modest gain. The markets saw a strong start to the day. After opening on a positive note, the NIFTY surged higher to mark the...

Friday Trade Setup: NIFTY Likely To See A Quiet Start; May Stay Largely Ranged With Capped Upsides

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

On the much-anticipated lines, the equity markets took a breather after strong moves over several days and ended the day with a loss. There was also the weekly options expiry that the markets dealt with; the session remained influenced by the options expiry and this...

Thursday Trade Setup: NIFTY Likely To Take Some Breather; Upsides May Stay Capped At This Point

by Milan Vaishnav, CMT, MSTA | Jan 5, 2022 | Daily Market Outlook

The Indian equity markets continued their unabated up move for the fourth day in a row; went on to end yet another day with gains. The NIFTY saw itself opening on a flat note and spent the morning session trading around its previous close levels. The markets headed...

Outlook For Wednesday: NIFTY’s Up Move May Get Capped Here As Per Options Data; Undercurrents Remain Strong

by Milan Vaishnav, CMT, MSTA | Jan 4, 2022 | Daily Market Outlook

In the previous note, it was mentioned that so long as the NIFTY stays above the 17500-mark, it is likely to stay inherently buoyant. The Indian equity markets saw a positive start to the day again, got stronger, and ended near its high point once again. Following a...
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