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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...
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....