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Blog posts : "Daily Market Outlook"

Friday Trade Setup: Complacency At Higher Level A Concerning Factor For NIFTY; This Zone Stays Crucial

In a thoroughly structured session, the Indian equity markets headed nowhere and ended the day flat with negligible loss. In the previous note, we had pointed out that large amount of both Call and Put writing was seen at 11300 strikes. This continued on the weekly options expiry day as well and thi…

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Thursday Trade Setup: Weekly Options To Dominate NIFTY Move; Stay Position-Light At Higher Levels

The markets ended on a flat note after a weak opening on Wednesday’s trade. Although the NIFTY managed to recoup most of the opening losses, it has still not managed to move past the 11300-11350 levels. After opening with a mild gap down, the markets marked its intraday low in the early trade and th…

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Outlook For Wednesday: NIFTY Neutrally Placed; These Stocks May Relatively Outperform

It was a range-bound session for the equities on Tuesday as the markets posted incremental gains but also stayed in a defined range. The NIFTY opened on a positive note but pared its gains slowly in the morning session. However, the second half of the session saw some recovery again. The Markets was…

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Tuesday Trade Setup: Technical Structure Broadly Stable For NIFTY; This Zone Stays Critical To Watch

The Indian equity markets continued to post incremental gains but came off before ending the day with a modest gain. The markets saw a better-than-expected opening for the day. After starting the session on a positive note, the markets got stronger as the day progressed. However, after marking the p…

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Trade Setup For Monday: NIFTY May See A Tentative Start: Dollar-Play May Take Some Breather

It was a day of consolidation for the markets as the NIFTY consolidated in a defined range before it ended the day with minor gains. After a modestly negative opening, the index soon recovered to trade flat. Despite moving in the positive territory for a brief time on a couple of occasions, most of …

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Friday Trade Setup: While NIFTY Stays In A Range, It Keeps This Resistance Zone Intact

The RBI’s Policy Review and the weekly options expiry, both played a significant role in infusing wide ranged moves in the equity markets. The Indian equities got a better than expected start to the day but stayed range-bound until afternoon after which it reacted to the RBI Policy. The NIFTY rose o…

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Thursday Trade Setup: Apart From RBI Policy, NIFTY Has These Two Crucial Points To Take Care Of

In the previous technical note, we had mentioned possibilities of the markets extending its gains, but in the same breath, had also cautioned about the discomfort of markets at higher levels. While trading on the expected lines, the NIFTY opened positive and surged higher during the early morning tr…

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Wednesday Trade Setup: NIFTY Stays In This Broad Channel; Moves To Get Highly Stock & Sector Specific

In what can be called a “mirror-image” of the previous session, the Indian equities managed to recoup all of its losses of the earlier day as it ended on a strong note. The day remained secularly bullish as the NIFTY remained in a rising trajectory throughout the day with no sign of any weakness see…

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Outlook For Tuesday: NIFTY Placed At Crucial Juncture; These Levels Are Important Supports

In a very weak day of the equity markets, the Indian benchmark NIFTY50 ended the day with a sharp cut. A weaker start was expected, but the markets saw much feeble start to the week. It opened with a mild gap down and drifted lower throughout the day. At no point in time, the markets showed any inte…

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Monday Trade Setup: NIFTY Likely To See A Tepid Start; Set To Get Vulnerable Near These Levels

It was a day of a mild corrective move for the markets. On the last day of the trading week as well as the month, the NIFTY opened on a mildly positive note. However, after trading in a defined range in the initial session, the Index drifted in the negative territory. It posted some declines, but th…

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Friday Trade Setup: NIFTY May See Mild Up Moves; Broader Structure Remains Weak Because Of This

In the previous note, we had mentioned above the NIFTY dragging its resistance points lower to 11300 from 11500 as the session had seen shifting of maximum OI to 11300 levels. The expiry session on Thursday remained on expected lines. The NIFTY saw a strong opening to the trade but failed to capital…

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Thursday Trade Setup: NIFTY Drags Resistance Point Lower; Expiry To Dominate The Moves

The vulnerability of the markets at higher levels resurfaced again as the NIFTY faced some corrective pressure once again at higher levels. The markets saw a modestly positive start to the day but soon slipped in the negative territory. It traded sideways within a capped range with limited losses un…

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Outlook For Wednesday: NIFTY May See Extension Of The Move; Stay Alert At Higher Levels

While speaking about micro trend, we had mentioned in the previous edition that the NIFTY is seen resisting to the 11225-11235 levels for over four sessions in a row. Tuesday’s trade ensured that the NIFTY finally takes out this micro resistance zone. The markets saw a positive start to the day. The…

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Tuesday Trade Setup: NIFTY May See Mild Weakness; Follow Micro Trends By Doing This

Despite staying relatively resilient at the higher end of the trading range, the markets showed some corrective moves as it stepped into the expiry week. The markets opened on a negative note and stayed in the negative territory throughout the day. The NIFTY, however, after testing the morning lows,…

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Monday Trade Setup: Steady Start Expected To The Day; Follow Momentum By Doing This

In a very resilient show for the day, the Indian equity markets recovered from the low point of the day to end with just minor losses. The NIFTY saw a negative opening and traded with modest losses in the initial trade. After a ranged move, the markets got weaker as the Index plunged lower. Just whe…

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Outlook For Friday: NIFTY Moves Higher With Weaker Breadth; Chase Momentum While Strictly Trailing The Stops

In a yet another buoyant session, the NIFTY had a trending day on the weekly options expiry as it went on the end the day with gains. The markets saw a positive start to the day. It traded positive throughout the session as the Index remained in an upward rising trajectory. After a sharp up move in …

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Thursday Trade Setup: Weekly Options Data Make These Levels Important For NIFTY; Keep Guarding Profits

In a very programmed session, the NIFTY traded in a defined range before ending the day with a modest loss. The NIFTY saw a modestly negative opening and witnessed a move that remained confined in a very narrow range. For the most of the day, the Index saw itself moving in a 50-point range; it was t…

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Outlook For Wednesday: NIFTY Shifts Supports Higher; Focus Moves Now On Weekly Options Data

The markets continued with its strong up move and ended the day with strong gains while confirming its breakout from the all important 200-DMA. Though the markets registered strong gains on a closing basis, the session remained quite range bound after a gap up opening. In other way, the markets were…

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Tuesday Trade Setup: NIFTY Overbought As Per These Figures; Approach The Present Technical Structure Like This

On a day of yet another unabated up move, the markets extended its move on the upside while ending with gains. The markets saw a better-than-expected start to the day. After opening on a stronger note, the Index maintained its gains, though it moved in a narrow 40-point range throughout the day. The…

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Monday Trade Setup: NIFTY Likely To See A Steady Start; Price Action Against These Levels Crucial Over Coming Days

In a strong move that the markets saw on Friday, the Index made a fierce attempt to move pas the 200-DMA after having resisted to it for over the past several days. The Index opened on a positive note but traded with capped gains for the most part of the day. However, the second half of the session …

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