by Milan Vaishnav, CMT, MSTA | Apr 7, 2022 | Daily Market Outlook
It was observed in the previous technical note that the decline in Wednesday’s session has come along with a sharp decline of NIFTY futures OI. This indicated long unwinding and can have bearish implications. The weekly options expiry on Thursday happened on a very...
by Milan Vaishnav, CMT, MSTA | Apr 6, 2022 | Daily Market Outlook
The markets continued to trade on the expected lines; the NIFTY exhibited a bearish undertone and extended its corrective move on Wednesday to end the day on a negative note. The NIFTY saw a weaker than expected start to the day. The markets opened with a loss and...
by Milan Vaishnav, CMT, MSTA | Apr 5, 2022 | Daily Market Outlook
In the previous technical note, it was mentioned that the level of 18000 is set to act as an inflection point for the NIFTY. In line with this analysis, the markets opened higher above the 18000-mark, struggled for the most part of the session to say above it but...
by Milan Vaishnav, CMT, MSTA | Apr 4, 2022 | Daily Market Outlook
The equity markets had a buoyant start to the week as they opened higher and ended the day on a strong note. The markets had a booster dose in the form of HDFC getting merged into HDFC Bank. This saw both stocks opening with a gap up and getting stronger during the...
by Milan Vaishnav, CMT, MSTA | Apr 3, 2022 | Daily Market Outlook
Friday was the strong and trending day for the markets as the NIFTY opened on a quiet note but trended higher during the day to end with decent gains. The markets saw a modestly negative opening but soon crawled inside the positive territory. The Index tested the...
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