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Wednesday, May 8, 2013
Finally, indices came out of the range bound activity seen during past two trading sessions. Nifty has now closed above the psychological level of 6000 for the first time after January 31, 2013. As...
Tuesday, May 7, 2013
For the second consecutive session, indices oscillated within the price range of Thursdays session. However, unlike Fridays session, the price action was narrower and indices traded with positive...
Monday, May 6, 2013
The Nifty futures open interest decreased by 1.04% while...
For the third consecutive week, our benchmark indices have closed in the positive territory. During the week, indices managed to sneak beyond the 78.60% Fibonacci retracement level of 19762 / 5976....
Friday, May 3, 2013
Yesterday, our benchmark indices traded with strong positive bias throughout the session. In the process, Nifty has managed to close convincingly above the stiff resistance of 5976. The coming...
Thursday, May 2, 2013
On Tuesday, our benchmark indices opened higher; but the optimism was very short lived as indices came off the days high and slipped inside the negative territory. The daily chart candlestick...
Tuesday, April 30, 2013
For the second consecutive session, our benchmark indices oscillated within the price range of Thursdays session. Since, there is no major change in the price structure, we reiterate our view that...