by Milan Vaishnav, CMT, MSTA | May 10, 2022 | Daily Market Outlook
For the second day in a row, the Indian equity markets tried hard to stabilize; they opened on a much resilient note, traded in a range, and ended the day with a modest loss. The markets saw a much better and resilient opening to the trade and spent the morning...
by Milan Vaishnav, CMT, MSTA | May 9, 2022 | Daily Market Outlook
It was a negative day for the Indian equity markets once again, but it was the first time that the markets made some visible attempts to find a potential base for themselves for the near term. Following a weak overnight trade setup, the NIFTY opened on a weak note; a...
by Milan Vaishnav, CMT, MSTA | May 8, 2022 | Daily Market Outlook
The markets had a very weak day on Friday as they inherited a severely weak global trade setup. Following a deep red overnight in the US markets, the Asian markets too started on a negative note. India was no exception. The NIFTY saw a gap-down opening on Friday and...
by Milan Vaishnav, CMT, MSTA | May 5, 2022 | Daily Market Outlook
In a session that remained highly influenced and affected by the weekly options expiry, the equity markets closed on a flat note after coming off over 290-points from their high point of the day. The markets saw a strong start; it grew stronger as the day progressed...
by Milan Vaishnav, CMT, MSTA | May 4, 2022 | Daily Market Outlook
Markets got an out-of-the-blue jolt from the RBI when the central bank raised the rates in the middle of its usual cycle which is one month away. The markets anyways had a weak start to the day. As it had opened after a gap of one day after the Eid break, it was...
by Milan Vaishnav, CMT, MSTA | May 3, 2022 | Daily Market Outlook
Much on the anticipated lines, the NIFTY staged a strong pullback after a negative show in the previous session. In the last technical note, it was mentioned that the NIFTY had a lot of short positions as these shorts may lend support to the markets at lower levels....
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