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Monday, September 4, 2017
Since last couple of weeks, the Nifty has been vacillating within the boundaries of a small Triangle pattern. Due to first couple of days action, prices precisely tested both ends of the pattern...
Friday, September 1, 2017
Our markets opened on a flat note and then consolidated in a range for the major part of the day. However, the expiry factor came into play in the last hour of the session during which we saw index...
Thursday, August 31, 2017
Markets surprised everyone for the second straight day as we saw a gap up opening immediately after taking a heavy knock on Tuesday due to geopolitical concerns. It has been a remarkable comeback...
Wednesday, August 30, 2017
Once again, the mounting geopolitical concerns spooked our markets as we witnessed a gap down opening with a cut of nearly three tenths of a percent. Subsequently, there was no respite as we saw...
Tuesday, August 29, 2017
Trading for the week began on a positive note on hopes of cooling down some tensions in Doklam. Subsequently, we saw range bound trade with a positive bias throughout the remaining part of the day....
Monday, August 28, 2017
If we summarize the overall price development in last couple of weeks, it seems the index has now slipped into a consolidation mode. The hourly chart indicates that the recent rally is still a...
Thursday, August 24, 2017
Once again our markets opened higher on the back of positive cues from the US bourses. Just like previous couple of sessions, the index remained within a narrow range for the major part of the day....
Wednesday, August 23, 2017
Yesterday, we witnessed a gap up opening in our markets which was mainly a rub off effect of the cheerful mood seen in the Hong Kong (HANG SENG) bourses. However, post this, the Indian market had...
Tuesday, August 22, 2017
Our markets kicked off the trading week on a flat note owing to mixed global cues. Subsequently, we witnessed some consolidation in the initial hour. However, a strong bout of selling in the second...
Monday, August 21, 2017
On Friday, Nifty witnessed a gap down opening citing selling pressure in the banking sector along with the heavyweight Infy. Subsequently, the index traded with a bearish bias for the most part of...
Friday, August 18, 2017
Yesterday, despite having muted cues from the global peers, our markets started the session on a positive note. This was mainly on the back of a strong opening from the IT giant Infosys, post its...
Thursday, August 17, 2017
Our markets have shown tremendous resilience at lower levels as we saw Nifty extending Mondays bounce back rally by a fair margin yesterday. During the first half, the index consolidated in a small...