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Wednesday, May 15, 2013
Mondays sharp fall was followed by a narrow trading session as indices oscillated in a range. Despite positive inflation numbers, markets were reluctant to stay bullish. Indices precisely faced...
Tuesday, May 14, 2013
In line with our expectations, the market fell below the crucial support level of 19903 / 6040 and corrected lower to test the mentioned level of 19743 / 5993. The market has witnessed broad based...
Monday, May 13, 2013
For the fourth consecutive week, our benchmark indices have closed in the positive territory. We had mentioned in our previous report that the weekly ADX (9) indicator and the RSI-Smoothened...
Friday, May 10, 2013
During yesterdays session, indices traded within a narrow range and remained lackluster for most part of the session. In our previous report, we had mentioned a Hanging Man Japanese candlestick...
Thursday, May 9, 2013
After a gap opening, indices remained under pressure during the first half; but strong optimism towards the latter part of the session pushed indices higher to end the session with half a percent...
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...