by Milan Vaishnav, CMT, MSTA | Apr 11, 2022 | Daily Market Outlook
In the previous technical note, it was mentioned that the zone of 17800-18000 is likely to stay as an immediate resistance zone for the NIFTY. The Indian markets opened on a weak note and ended on a weak note as well. The NIFTY saw itself opening in the negative...
by Milan Vaishnav, CMT, MSTA | Apr 9, 2022 | Weekly Market Outlook
The beginning of the previous week saw the NIFTY testing important pattern resistance levels. After a strong performance on Monday, the next three days of the week were spent by the NIFTY showing a weak and corrective bais as it came off rapidly from the high levels...
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...
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