by Milan Vaishnav, CMT, MSTA | Oct 24, 2021 | Daily Market Outlook
The Indian equity markets continued to correct for the fourth day in a row as it ended yet another day on a negative note. The NIFTY opened on a positive note; it inched higher and marked its high point of the day in the first hour of the trade. However, after trading...
by Milan Vaishnav, CMT, MSTA | Oct 21, 2021 | Daily Market Outlook
Continuing to correct for the third day, the Indian equity markets ended the day with a loss despite a rebound from lower levels. The markets opened on a positive note and marked the day’s high in the opening minutes of the trade. NIFTY soon pared its gains to trade...
by Milan Vaishnav, CMT, MSTA | Oct 20, 2021 | Daily Market Outlook
Indian equity markets continued to correct for the second day in a row as it ended the day with a cut. The markets had a stable start to the day on the expected lines, but it soon slipped into the negative territory. However, this slippage was recovered in the first...
by Milan Vaishnav, CMT, MSTA | Oct 19, 2021 | Daily Market Outlook
It was mentioned in the previous technical note that given the overextended nature of the markets, some consolidation at current or higher levels cannot be ruled out. After an unabated move for more than a week, the Indian equity markets finally saw some corrective...
by Milan Vaishnav, CMT, MSTA | Oct 18, 2021 | Daily Market Outlook
It was yet another day of buoyancy for the Indian capital markets; the NIFTY opened positive, inched higher, and went on to close at a new lifetime high point. The markets saw a gap up opening for the third day in a row; the session, however, remained that of a narrow...
by Milan Vaishnav, CMT, MSTA | Oct 17, 2021 | Daily Market Outlook
In the previous technical note, it was mentioned that the price behavior of NIFTY against the levels of 18200 will decide the trend for the day. The Indian equity markets continued to put their resilient foot forward as compared with their peers; showed a strong...
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