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Wednesday, January 9, 2013
Yesterday, momentum shifted in the favor of bulls during the second half as we witnessed a sudden spurt in the market. Going forward, considering the placement of the momentum oscillators and the...
Tuesday, January 8, 2013
The week started on a positive note but indices faced tremendous resistance near the mentioned ‘Upward Sloping Trend Line’ (drawn by joining the highs of October 5, 2012 and December 11, 2012)....
Monday, January 7, 2013
Quite similar to last year, this year too, the first week resulted in positive gains as the Nifty witnessed a weekly closing above the 6000 mark for the first time after December 31, 2010. The...
Friday, January 4, 2013
It was another gap up opening yesterday and finally the Nifty has managed to close above the psychological level of 6000 mark. Despite this positive achievement, we are now observing that indices...
Thursday, January 3, 2013
For the second consecutive session we witnessed a gap up opening in our market. Yesterday’s session was the replica of Tuesday’s session as indices opened higher and then traded in a narrow range...
Wednesday, January 2, 2013
Yesterday, positive news with regards to the fiscal cliff deal resulted in an intraday rally in our markets. During the day, indices moved towards the 19613 / 5965 level which we have been...