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Monday, May 19, 2014
Yesterday, index opened higher and eventually managed to close with decent gains of nearly a percent. However, relatively this price activity can be considered as a lull and range bound....
Friday, May 16, 2014
Finally, the much awaited election result day ended with a pronounced rise in the equity markets. Our benchmark index opened higher on the day and the euphoric sentiments across the broader market...
Thursday, May 15, 2014
As expected, we witnessed yet another lull session just one day ahead of the final election results. As a result, we are now witnessing three consecutive Narrow Range Body formations. This clearly...
Wednesday, May 14, 2014
Finally after three consecutive sessions, our benchmark index (Nifty) took a breather as we witnessed a lethargic movement throughout the day. This price action resulted in a formation of yet...
Tuesday, May 13, 2014
Yesterday, it was the third consecutive session where index maintained its strong run on the upside. In the process, the Nifty has added more than 400 points, which indicates euphoric sentiments...
Monday, May 12, 2014
The bulls overpowered the bears as they completely engulfed a nine-day down move in a single trading session, i.e. on Friday. In line with our expectation, the benchmark Nifty traded with a...
Overwhelming bulls continued their northward journey during yesterdays session and in the process, added another two percent to their kitty. This resulted in a highest ever closing tad above the...
Thursday, May 8, 2014
After a couple of mixed trading sessions, it was the bears that held their nerves and eventually managed to pull the index well below the 6700 mark on a closing basis. The index was under...
Yesterdays decent correction was followed by slightly positive opening in our market. This session was quite similar to previous few sessions; where the index failed to sustain at higher levels and...
Wednesday, May 7, 2014
This was the third consecutive session where we witnessed narrower movement and neither bulls nor bears could take full control of the market. Since there is no major change in the chart structure,...
Tuesday, May 6, 2014
We witnessed a zig-zag movement throughout the session as neither the bulls nor the bears were certain of the trend. Last Fridays flat session followed by yet another muted closing marginally below...
Friday, May 2, 2014
We witnessed a tug of war among the bulls and bears throughout the week. But in the end, it was the bears who dominated the week and managed to restrict the bulls. In the process, the Nifty slid...