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Thursday, January 17, 2013
As expected and mentioned in our earlier reports, Indices faced strong resistance near theUpward Sloping Trend Line Please refer exhibit 1. This was supported by the Negative Divergence in daily...
Wednesday, January 16, 2013
The strong closing on Monday was followed by a marginal gap up opening yesterday. Further, we observed immense buying interest during the second half of the session. In the process, indices have...
Tuesday, January 15, 2013
The first day of the week was dominated by the bulls mainly on the back of few domestic events. In the process, the Sensex has closed above previous week’s high of 19857; but the Nifty is yet to...
Monday, January 14, 2013
Last week’s strong closing is followed by a muted week. Despite positive opening on most of the trading sessions, indices traded with negative bias and corrected gradually during the week. At...
Friday, January 11, 2013
Despite the strong corrective move during the second half on Wednesday, indices managed to open with a decent upside gap in yesterday’s session. At present, indices have closed below the hourly ...
Thursday, January 10, 2013
We have observed that indices are facing tremendous resistance near the ‘Upward Sloping Trend Line’ mentioned in our earlier reports. This is also supported by the ‘Negative Divergence’ in daily ...