by Milan Vaishnav, CMT, MSTA | Mar 30, 2022 | Daily Market Outlook
On a strong and trending day for the stock markets, the NIFTY attempted hard to break out of the congestion zone that it had formed for itself. It opened strong today, maintained its gains, and ended the day on a strong note. The markets saw a positive start to the...
by Milan Vaishnav, CMT, MSTA | Mar 29, 2022 | Daily Market Outlook
It was a day of positive consolidation for the stock market; the NIFTY opened higher on a positive note, maintained its gains throughout the day, and ended on a modestly positive note. The NIFTY opened above the 50-DMA levels but continued to resist the 17300 levels...
by Milan Vaishnav, CMT, MSTA | Mar 28, 2022 | Daily Market Outlook
While the market saw a remarkable recovery from the lower levels of the day, it continued to stay in a broadly defined consolidation range. The NIFTY saw a weak opening to the trade; it drifted lower to the levels very close to the psychologically important...
by Milan Vaishnav, CMT, MSTA | Mar 27, 2022 | Daily Market Outlook
The markets continued to consolidate for the sixth day in a row; it opened on a modestly positive note, soon drifted in the red, and spent the rest on the session in a capped range before ending with minor losses. The NIFTY opened on a positive note, but it marked its...
by Milan Vaishnav, CMT, MSTA | Mar 26, 2022 | Weekly Market Outlook
In the previous weekly note, it was mentioned that it was just the short covering that had fueled the rally over the past two weeks. The NIFTY had piled up over 1100-points in the two weeks before this week. There were clear signs of some impending consolidation at...
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