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Monday, July 29, 2013
Our benchmark indices have broken their winning streak in the fifth week. On Wednesday, we witnessed a breakdown from the Rising Wedge pattern below 20065 / 6004. A move below last weeks low of...
Friday, July 26, 2013
Wednesdays weak closing was followed by a slight gap down opening in yesterdays session. In our previous report, we had mentioned that indices have broken down from the Rising Wedge pattern. Also,...
Thursday, July 25, 2013
Yesterday, Indices opened with a downside gap and maintained their pessimism throughout the session. In the process, indices have now sneaked below Monday’s low of 20065 / 6004, which has resulted...
Wednesday, July 24, 2013
During yesterdays session, we witnessed a gap up opening in our market. As a result, indices met precisely with our mentioned target of 20021 / 6088 (Sensex had already achieved that level; but...
Tuesday, July 23, 2013
Yesterdays price action was almost a replica of the Fridays session as indices trimmed their early gains and ended on a flat note. A minor correction during the second half took place mainly on the...
Monday, July 22, 2013
The market has ended in the positive territory for the fourth consecutive week, although the movement was slightly range bound as compared to the previous week. In-line with our expectation...