by Milan Vaishnav, CMT, MSTA | Jun 1, 2022 | Daily Market Outlook
It was the second day of consolidation by the Indian equity markets as the NIFTY moved in a defined range before ending the day with a modest loss. The markets opened on a positive note and spent the morning session trading without any directional bias. It was the...
by Milan Vaishnav, CMT, MSTA | May 31, 2022 | Daily Market Outlook
After three days of strong gains, Tuesday saw the markets consolidate with positive bias as they ended the day with a modest cut. The markets saw a bit weaker-than-expected start to the day. However, after opening on a negative note, the NIFTY recovered from the...
by Milan Vaishnav, CMT, MSTA | May 30, 2022 | Daily Market Outlook
Very much on the anticipated lines, the NIFTY made a strong breakout from the broad 15700-16400 trading range that it had formed over the past couple of weeks. In the previous technical note, it was mentioned that if the NIFTY is able to move past and sustain above...
by Milan Vaishnav, CMT, MSTA | May 29, 2022 | Daily Market Outlook
In the previous technical note, it was mentioned that in the absence of any adverse cues from the global markets, there are high probabilities of the markets inching higher. In line with this analysis, the NIFTY saw a strong opening on Friday; it opened higher, grew...
by Milan Vaishnav, CMT, MSTA | May 28, 2022 | Weekly Market Outlook
It was a week of consolidation; in fact, a positive consolidation where the markets oscillated in a broad range before closing the week with mild gains. The NIFTY saw itself trading in a 511-point range as compared to the 690-point range in the week before this one....
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