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Outlook For Wednesday: Short Covering May Be Seen If NIFTY Stays Above This Point; Stay Put With Low Beta Bets

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

The mid-day scare proved to be a dampener to a market that had otherwise staged a remarkable resumption of the up move following two days of really weak trade. The markets saw themselves opening on on a flat note; however, it grew only stronger in the morning session....

Monday Trade Setup: NIFTY Set To See A Shaky Start To The Day; Holding On This Point On A Closing Basis Crucial

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

Friday came as a massive negative surprise for the equity markets. With US markets closed due to the Thanksgiving holiday, no overnight cues were expected. However, renewed covid fears gripped the equity markets overnight which saw the Asian markets opening with deep...

Friday Trade Setup: NIFTY Likely To See A Stable Start; No Overnight Cues To Deal With

by Milan Vaishnav, CMT, MSTA | Nov 25, 2021 | Daily Market Outlook

After opening on a flat note and an initial blip, the Indian equity markets broadly respected the most immediate levels and ended the day on a positive note. The NIFTY opened flat and slipped in the negative in the first hour of the session. However, it marked the low...

Thursday Trade Setup: Rollovers To Dominate The Trend; Aggressive Buying To Be Avoided Unless NIFTY Moves Above This Point

by Milan Vaishnav, CMT, MSTA | Nov 24, 2021 | Daily Market Outlook

The markets started off on the penultimate day of the monthly expiry very much on the expected lines by entending its up move. The NIFTY opened on a modestly positive note and it kept making gradual highs during the day while trading in a limited range. At one point...

Outlook For Wednesday: NIFTY To See A Stable Start; Head Above This Level Will Mean Extended Move For The Markets

by Milan Vaishnav, CMT, MSTA | Nov 23, 2021 | Daily Market Outlook

As mentioned in the previous technical note, the Indian equity markets scrambled to find a bottom for themselves, but it was not before a jittery start to the day. Tuesday’s session saw the markest opened once again on a negative note. However, this time, it was the...

Tuesday Trade Setup: NIFTY Sees Mild Possibilities Of A Technical Pullback; Keep Leveraged Exposures Light

by Milan Vaishnav, CMT, MSTA | Nov 22, 2021 | Daily Market Outlook

The Indian equities declined for the fifth day in a row; this time, the Indian markets stayed one of the worst performers when compared to their peers. The market defined a stable trade setup as it opened after a gap of one day as Friday was a trading holiday. It...
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