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Outlook For Wednesday: More Upside To Follow If NIFTY Stays Above This Point; Options Data Present Interesting Picture

by Milan Vaishnav, CMT, MSTA | Oct 5, 2021 | Daily Market Outlook

The equity markets had a much better than expected day as it not only ended the day on a robust note but also prepared a stage for another phase of a runup. The overnight global traded setup and the Asian trade setup were weak in the morning; however, the domestic...

Tuesday Trade Setup: NIFTY To See A Stable Start; Price Action Against This Level Crucial

by Milan Vaishnav, CMT, MSTA | Oct 4, 2021 | Daily Market Outlook

The Indian equity markets traded precisely on the expected lines. As mentioned in the previous note, the NIFTY not only just bounced back sharply, it also continued to stay in a range on the analyzed lines. The NIFTY saw a better and positive start to the day. After...

Monday Trade Setup: NIFTY Set To See A Positive Start; This Candle Should Not Be Read In Isolation

by Milan Vaishnav, CMT, MSTA | Oct 3, 2021 | Daily Market Outlook

The Indian equity markets stayed in the corrective mood on the last day of the trading week as it ended the day on a negative note. The markets opened lower and stayed in negative territory throughout the day. After opening with a cut, NIFTY continued to stay negative...

Friday Trade Setup: NIFTY To Stay Under Consolidation; Sectoral Outperformance To Continue

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

The consolidation continued in the Indian equity markets;  though it looked a bit weaker than usual days of consolidation. The NIFTY saw a quiet start to the day; it stayed in a very narrow range until afternoon where it traded positive with modest gains. However, the...

Thursday Trade Setup: NIFTY To Stay Under Consolidation; These Pockets Will Continue To Outperform

by Milan Vaishnav, CMT, MSTA | Sep 29, 2021 | Daily Market Outlook

It was a day of positive consolidation for the NIFTY again; it not only traded in a defined range but also resisted the mentioned levels in the previous technical note. The Indian equities had a negative start to the trade; NIFTY opened lower in line with the...

Outlook For Wednesday: NIFTY Finally Slips In Some Consolidation; Watch Out These Pockets For Resilient Shows

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

Tuesday’s session turned out to be exactly on the expected lines. The NIFTY not only resisted the mentioned levels but also some corrective activity taking place during the day. The markets saw a positive start to the day, NIFTY marked its intraday high in the opening...
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