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Wednesday, February 27, 2013
Indices opened lower and gained significant momentum as the day progressed. Index heavyweights such as Reliance Industries, ICICI Bank and Axis Bank led the sharp correction during yesterdays...
Tuesday, February 26, 2013
The day started on a quiet note but selective mid and small cap counters really got hammered during the session. This influenced the slight shift in traders sentiments as indices drifted lower...
Monday, February 25, 2013
Despite a decent up move in the first half, eventually the week turned out in the favor of the bears. Indices faced tremendous selling pressure near the resistance of the 20-day EMA placed around...
Friday, February 22, 2013
Considering weak global cues, our benchmark indices opened with more than half a percent downside gap and continued to fall lower throughout the day. In the process, indices sneaked marginally...
Thursday, February 21, 2013
Yesterday, indices opened marginally higher and precisely tested the mentioned resistance level of 19723 / 5970. However, it was observed that indices were struggling to cross this level and...
Wednesday, February 20, 2013
Similar to Mondays session yesterday too, indices remained range bound and traded with very lackluster movement throughout the first half of the session. However, a strong rally in the last hour of...
Tuesday, February 19, 2013
During yesterdays session, indices witnessed lackluster and range bound activity. As there is no major change seen in the chart structure. Hence, we reiterate our view that any sustainable move...