by Milan Vaishnav, CMT, MSTA | Nov 1, 2021 | Daily Market Outlook
In the previous technical note, it was mentioned that there are larger possibilities of the markets staging a technical pullback. Quite on the anticipated lines, the NIFTY staged a strong technical pullback; in the process, it validated certain levels as intermediate...
by Milan Vaishnav, CMT, MSTA | Oct 31, 2021 | Daily Market Outlook
Corrective action continued on the Indian markets; after taking a day’s breather, the NIFTY continued to correct for the third day in a row. The NIFTY opened lower, but it recovered over 200-points from the low point formed in the morning to trade in the green by late...
by Milan Vaishnav, CMT, MSTA | Oct 28, 2021 | Daily Market Outlook
In what can be termed as much worst-than-expected performance in the recent past, the Indian equities witnessed strong selling pressure throughout the day as it ended with a deep cut. The NIFTY saw itself opening on a modestly negative note. However, the index did not...
by Milan Vaishnav, CMT, MSTA | Oct 27, 2021 | Daily Market Outlook
It was a lackluster day for the Indian equity markets as they chose to continue to consolidate before ending the day with a modest loss. The NIFTY saw a positive and stable start to the day. Until late afternoon trade, the Index stayed in the positive territory. It...
by Milan Vaishnav, CMT, MSTA | Oct 26, 2021 | Daily Market Outlook
The Indian equity markets traded precisely on the expected lines. Following five days of corrective action, the markets showed a technical pullback and ended the day with gains. After opening on a positive note, the NIFTY grew stronger in the morning trade. However,...
by Milan Vaishnav, CMT, MSTA | Oct 25, 2021 | Daily Market Outlook
While the corrective undertone continued to persist in the Indian equity markets, the markets also showed the first sign of getting some stability and taking some respite from the recent corrective action. Much on the expected lines, and as mentioned in the previous...
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