by Milan Vaishnav, CMT, MSTA | Dec 8, 2021 | Daily Market Outlook
In a strong surge fueled by short-covering, the Indian equity markets climbed higher for the second day in a row to end with robust gains. In yesterday’s technical note, it was mentioned that the NIFTY has ended just at the 100-DMA, and moving higher was important to...
by Milan Vaishnav, CMT, MSTA | Dec 7, 2021 | Daily Market Outlook
The market action remained much on the expected lines; the NIFTY surged higher and recouped the bulk of its previous day’s loss to settle on Tuesday with gains. As mentioned in the previous technical note, the short covering did take place as anticipated, and the...
by Milan Vaishnav, CMT, MSTA | Dec 6, 2021 | Daily Market Outlook
It was a bad start to the fresh week as the Indian equities grossly underperformed the global markets to end the day with a loss. The markets opened in contrast with the Asian peers that were trading on a flat to a mildly positive note. After opening marginally in the...
by Milan Vaishnav, CMT, MSTA | Dec 5, 2021 | Daily Market Outlook
In a disappointing session, NIFTY did not extend its up move despite trading in a range in the first half of the day. The markets had closed just at its pattern resistance as evident from the chart. The NIFTY opened positive and got stronger on the expected lines....
by Milan Vaishnav, CMT, MSTA | Dec 2, 2021 | Daily Market Outlook
The expiry day of the weekly options went off quite well on the expected lines. The Indian market ended up on a buoyant note. Despite inheriting weak global overnight cues, the NIFTY saw itself starting the day on a much resilient note. After opening on a flat to...
by Milan Vaishnav, CMT, MSTA | Dec 1, 2021 | Daily Market Outlook
The markets had a buoyant but somewhat volatile session where it managed to end with a decent gain. However, the session remained much on the expected lines. It was mentioned in the previous technical note that the opening of the markets above the 17000 levels may...
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