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Thursday Trade Setup: Buoyancy Intact In NIFTY; Keep Trailing Stop-Loss In Place While Tracking These Stocks

by Milan Vaishnav, CMT, MSTA | Oct 13, 2021 | Daily Market Outlook

The Indian equity markets put up a rock-solid show once again as it not only staged a fresh breakout but also scaled and closed at new lifetime high levels. In a relatively less volatile session, the NIFTY opened on a modestly positive note and marked its low point of...

Outlook For Wednesday: NIFTY Stares At Breakout Once Again; Approach The Markets In This Way

by Milan Vaishnav, CMT, MSTA | Oct 12, 2021 | Daily Market Outlook

While trading much on the anticipated lines, the NIFTY consolidated near the all-important 18000 levels and also continued showing strong internal strength as it ended the day on a positive note. Given the kind of trade setup that the NIFTY had inherited, the domestic...

Tuesday Trade Setup: NIFTY Inherently Strong Even If Breakout Is Not Confirmed; Options Data Give Positive Insights

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

On a day that stayed technically important, the NIFTY marked a fresh lifetime high point again as it took out its earlier intraday high. Following a tepid start on the expected lines, the markets opened flat and slipped in the negative territory for a very brief...

Monday Trade Setup: NIFTY Creates A Stage For Testing Previous Highs; Continue Staying Selective And Avoid Shorts

by Milan Vaishnav, CMT, MSTA | Oct 10, 2021 | Daily Market Outlook

The markets continued to inch higher; at the same time, it halted their move near the key resistance areas that fall near the lifetime high for the NIFTY. Following a stable start, as expected, the NIFTY stayed above the crucial 17800 levels. It was because of this...

Friday Trade Setup: NIFTY Stays In A Broad Range; Consolidation May Continue To Persist Until This Level Is Taken Out

by Milan Vaishnav, CMT, MSTA | Oct 7, 2021 | Daily Market Outlook

It was a day of positive consolidation for the markets; the NIFTY opened higher, got stronger during the day, came off from its highs but maintained its opening gains to close in the positive zone. Following a favorable global trade setup, the Indian equities saw...

Thursday Trade Setup: NIFTY May See A Stable Start To The Day; Protect Profits At Higher Levels

by Milan Vaishnav, CMT, MSTA | Oct 6, 2021 | Daily Market Outlook

As mentioned in the previous note, the Indian equity markets that were resilient over the past many days saw a corrective move once again which kept them under the broad consolidation. The markets saw a positive start to the day; however, they marked the day’s high in...
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