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Tuesday Trade Setup: NIFTY Stays Inherently Strong; Use Consolidation, If Any To Make Select Purchases

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

Much on the anticipated lines, the Indian equities stepped into the new year on a very strong note. The NIFTY opened higher, got stronger, and while maintaining all its gains, ended the day on a strong note. In the previous technical note, it was mentioned that if the...

Monday Trade Setup: NIFTY May See Ranged Movements In Absence Of Global Cues; Stay Selective In Approach

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

The Indian equity markets ended the year 2021 on a strong note; on Friday, it opened higher, maintained its gains, and ended the day on a buoyant note. The NIFTY saw a positive start to the day which ensured the Index opened above its crucial resistance levels. After...

Friday Trade Setup: Last Session Of The Year May Again Stay Ranged; Stay Selective In Approach

by Milan Vaishnav, CMT, MSTA | Dec 30, 2021 | Daily Market Outlook

In the previous technical note, it was mentioned that the NIFTY is likely to stay ranged on the expiry of the current month’s derivative series. The markets turned out to have traded exactly on the anticipated lines. The NIFTY opened negative, crawled in the...

Thursday Trade Setup: NIFTY May See A Tepid Start To The Day; May Stay Largely Ranged

by Milan Vaishnav, CMT, MSTA | Dec 29, 2021 | Daily Market Outlook

It was a day of a range-bound movement and consolidation for the equity markets as the NIFTY stayed in the defined range and ended the day with a minor loss. The NIFTY saw a quiet start to the day; it soon got stronger and went on to mark the high point of the day in...

Outlook For Wednesday: NIFTY Moves Past Short-Term 20-DMA; Rally May Get Extended If The Level Is Defended

by Milan Vaishnav, CMT, MSTA | Dec 28, 2021 | Daily Market Outlook

The markets had a fairly stable session on Tuesday as they opened higher and ended the day with a decent gain. On the anticipated lines, the NIFTY saw a positive start to the day. Although the NIFTY traded in a defined trajectory, it kept marking incremental gains...

Tuesday Trade Setup: NIFTY Likely To See A Stable Start; Heavy Options Writing Seen At This Level

by Milan Vaishnav, CMT, MSTA | Dec 27, 2021 | Daily Market Outlook

The Indian equity markets got a very shaky start to the day as they opened lower but eventually spent the rest of the session recovering and end the day with gains. The markets saw a gap-down start; the NIFTY formed its low point of the day in the early minutes of the...
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