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Monday Trade Setup: NIFTY May Stay In A Range; Focus On Stocks That Are Showing Improving Relative Strength

by Milan Vaishnav, CMT, MSTA | Nov 21, 2021 | Daily Market Outlook

The fourth and the last trading day of the week also went on to remain under corrective pressure as the markets ended the day with a loss while ending up violating a few crucial support levels. The NIFTY opened on a modestly positive note; however, that led the...

Thursday Trade Setup: NIFTY Precariously Poised; May See Short-Covering If This Level Is Defended

by Milan Vaishnav, CMT, MSTA | Nov 17, 2021 | Daily Market Outlook

In yet another sluggish and corrective day, the NIFTY ended on a negative note despite staying resilient for the most part of the day. Following a weak global setup, the markets opened lower; however, it soon managed to crawl in the positive territory as it showed...

Outlook For Wednesday: NIFTY May See A Tepid Start To The Day; Technical Structure May Get Increasingly Defensive

by Milan Vaishnav, CMT, MSTA | Nov 16, 2021 | Daily Market Outlook

In a sluggish day of the trade, the Indian equities continued to modestly correct and end the day on a negative note after spending the major part of the session without any directional cue. The Markets opened on a positive note; it marked the high point of the day in...

Tuesday Trade Setup: NIFTY Set To See A Stable Start; Focus On These Defensive Stocks

by Milan Vaishnav, CMT, MSTA | Nov 15, 2021 | Daily Market Outlook

The markets began the fresh week on a cautious note as it came off from its high point before ending the day on a flat note. The NIFTY saw a positive but tentative start for the day. The index opened on a positive note and soon marked its intraday high point in the...

Monday Trade Setup: NIFTY May See A Stable Start To The Day; Continue Staying Stock-Specific

by Milan Vaishnav, CMT, MSTA | Nov 14, 2021 | Daily Market Outlook

On the last day of the trading week, the Indian stocks witnessed a massive short-covering led move that propelled the markets higher and end the day with strong gains. The markets opened on a positive note. Following a positive start, the NIFTY saw paring of its gains...

Friday Trade Setup: NIFTY Forms A Potentially Bearish Pattern; This Level Must Be Protected On Closing Basis To Avoid Weakness

by Milan Vaishnav, CMT, MSTA | Nov 11, 2021 | Daily Market Outlook

It was a weak day for the Indian equities; the markets opened lower, got weaker as the day progressed, and ended the day on a negative note. The markets opened with a minor gap down; the NIFTY marked its intraday high point in the opening minutes of the day. With the...
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