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Friday, May 17, 2013
Wednesdays humongous rally was followed by a range bound session. However, the bias remained positive throughout the session. There is no major change in the price structure. Hence, we continue to...
Thursday, May 16, 2013
After a range bound session on Tuesday, indices started yesterdays session on a positive note. Right from the first trade, indices kept moving higher on the back of tremendous buying interest. This...
Wednesday, May 15, 2013
Mondays sharp fall was followed by a narrow trading session as indices oscillated in a range. Despite positive inflation numbers, markets were reluctant to stay bullish. Indices precisely faced...
Tuesday, May 14, 2013
In line with our expectations, the market fell below the crucial support level of 19903 / 6040 and corrected lower to test the mentioned level of 19743 / 5993. The market has witnessed broad based...
Monday, May 13, 2013
For the fourth consecutive week, our benchmark indices have closed in the positive territory. We had mentioned in our previous report that the weekly ADX (9) indicator and the RSI-Smoothened...
Friday, May 10, 2013
During yesterdays session, indices traded within a narrow range and remained lackluster for most part of the session. In our previous report, we had mentioned a Hanging Man Japanese candlestick...
Thursday, May 9, 2013
After a gap opening, indices remained under pressure during the first half; but strong optimism towards the latter part of the session pushed indices higher to end the session with half a percent...