by Milan Vaishnav, CMT, MSTA | May 18, 2022 | Daily Market Outlook
After a strong move of over 400-points in the session before this one, the NIFTY spent a day in a strong consolidation mode as it ended the day with a minor loss. The markets saw a positive start to the day; it traded with modest gains in the first half of the...
by Milan Vaishnav, CMT, MSTA | May 17, 2022 | Daily Market Outlook
In the previous technical note, it was mentioned that the NIFTY has been testing the pattern support for the last two days; the oversold nature of the markets makes a larger case for a technical pullback. The markets finally got its long-awaited strong technical...
by Milan Vaishnav, CMT, MSTA | May 16, 2022 | Daily Market Outlook
For the second day in a row, the Indian equity markets consolidated and ended the day with mild gains. The NIFTY has tried very hard to keep its head above the support zone of 15700-15750 which also happens to be important pattern support as well. The NIFTY had a...
by Milan Vaishnav, CMT, MSTA | May 15, 2022 | Daily Market Outlook
What seemed like a perfect technical pullback day for the markets turned disappointing as the NIFTY gave up all its gains to close the day on a modestly negative note. The markets saw a positive start to the day; and after an initial blip, grew stronger as the day...
by Milan Vaishnav, CMT, MSTA | May 12, 2022 | Daily Market Outlook
On a very weak and disappointing day of the trade, the NIFTY opened with a gap down, stayed weak throughout the day, and ended with a deep cut. The markets opened on a gap down following the weak global trade setup; the NIFTY stayed in a falling trajectory throughout...
by Milan Vaishnav, CMT, MSTA | May 11, 2022 | Daily Market Outlook
It was a day of strong consolidation once again for the Indian equities as they struggled to hold on to pattern support while they ended the day with a modest cut. The markets saw a positive start to the day; however, it soon drifted into the negative territory. The...
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