by Milan Vaishnav, CMT, MSTA | Apr 26, 2022 | Daily Market Outlook
In the previous technical note, it was mentioned that although the NIFTY had violated the 200-DMA and had dragged its supports down, a strong technical pullback cannot be ruled out. Keeping in line with this analysis, the NIFTY showed a strong technical pullback and...
by Milan Vaishnav, CMT, MSTA | Apr 25, 2022 | Daily Market Outlook
In a weak trading session, the Indian equities gave up a few crucial supports as they opened weak and ended the day with a loss. While inheriting the weak global trade setup of the weekend, the NIFTY opened with a weaker note. Following a negative start to the day,...
by Milan Vaishnav, CMT, MSTA | Apr 24, 2022 | Daily Market Outlook
On a disappointing day of trade, the equity markets opened lower, got weaker as the day progressed, and closed the session on a weak note. The NIFTY saw a negative opening; after opening in the negative territory, the index tried to recover some of its opening losses....
by Milan Vaishnav, CMT, MSTA | Apr 23, 2022 | Weekly Market Outlook
The bulk of the past five sessions was spent on a corrective note by the Indian equity markets. There were bounces that did not sustain; the NIFTY has struggled to keep its head above the 200-DMA level. The previous week saw a wide trading range of 590 points. In the...
by Milan Vaishnav, CMT, MSTA | Apr 21, 2022 | Daily Market Outlook
On a weekly options expiry day, the Indian equities had a strong trending day as they opened strong, got better as the day progressed, and ended the day on a strong note. The NIFTY saw itself opening comfortably above the crucial 200-DMA. It maintained its gains in...
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