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...
by Milan Vaishnav, CMT, MSTA | Apr 20, 2022 | Daily Market Outlook
After slipping below the crucial 200-DMA level, the Indian equities got some mild technical pullback. They opened higher and maintained their gains through the day while ending with modest gains. The NIFTY saw a mildly gap-up opening. However, after a strong start,...
by Milan Vaishnav, CMT, MSTA | Apr 18, 2022 | Daily Market Outlook
On a much weaker day of trade, the Indian equity markets opened with a gap down, grew weaker as the day progressed, and ended the day with a deep cut after some recovery from the lower levels. The markets had one day of global trade to adjust; Thursday was a trading...
by Milan Vaishnav, CMT, MSTA | Apr 17, 2022 | Daily Market Outlook
Very much on the anticipated lines, the three-day short trading week saw the markets trading on a corrective note. The last trading day of the week, i.e., Wednesday, also saw the Indian equity markets turning cautious in the second half of the session and ending the...
by Milan Vaishnav, CMT, MSTA | Apr 12, 2022 | Daily Market Outlook
The second day of the short week also played out absolutely on the expected lines. The markets had a predominantly volatile day with a negative bias as they ended up closing on a negative note. The NIFTY opened weak and got weaker as the day progressed. A modest...
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...
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