by Milan Vaishnav, CMT, MSTA | Sep 27, 2021 | Daily Market Outlook
It was a day of th0rough consolidation in the markets; much on the lines of the analysis carried out in the previous note. It was mentioned that while the NIFTY may consolidate, the other indexes like Banks, Auto, and PSE may continue improving their relative strength...
by Milan Vaishnav, CMT, MSTA | Sep 26, 2021 | Daily Market Outlook
The previous five days of the week remained largely buoyant; however, NIFTY kept rising on one day and consolidating on the other day while rising on alternate days. On Friday, the NIFTY marked its fresh lifetime high of 17947 and came off from the high point of the...
by Milan Vaishnav, CMT, MSTA | Sep 23, 2021 | Daily Market Outlook
In the previous technical note, it was mentioned that the Indian markets will be inheriting the overnight global trade setup following announcements by the FOMC. The Fed’s comments on tapering were taken positively by the US Markets; they ended higher and handed over...
by Milan Vaishnav, CMT, MSTA | Sep 22, 2021 | Daily Market Outlook
Ahead of the FOMC meet outcome, the key indices chose to stay highly guarded whereas the broader markets showed a widespread rally on Wednesday. The session saw a flat start to the trading day. The NIFTY opened modestly positive and spent the entire session moving in...
by Milan Vaishnav, CMT, MSTA | Sep 21, 2021 | Daily Market Outlook
The markets were at their resilient best as they staged a remarkable recovery during the day to close on a strong note. The NIFTY saw a jittery start to the day; it spent the initial minutes of the trade-in a ranged manner. The NIFTY slipped in the green after trading...
by Milan Vaishnav, CMT, MSTA | Sep 20, 2021 | Daily Market Outlook
The Indian markets weren’t spared from the negative technical trade setup of the global markets. Following a weak overnight trade setup, the Asian markets traded weak in the morning. Because of this, the Indian markets too had a gap-down opening. However, on the...
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