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Thursday, November 8, 2012
The much awaited breakout from the resistance level of 18885 / 5729 was finally seen during yesterday’s session. As expected, all the positive technical evidences came into effect and as a result,...
Wednesday, November 7, 2012
Yesterday, although, the movement was choppy in the first half, our markets managed to eventually close in the positive territory. Further, we observed immense buying emerging towards the last hour...
Tuesday, November 6, 2012
Similar to most of the trading sessions in the month of October, yesterday’s session too was directionless and sluggish. During the first half, indices corrected from the highs and precisely tested...
Monday, November 5, 2012
Clearly, the bears were completely overwhelmed by the bullish move in the second half of the previous week. Despite a breakdown from the support level of 18535 / 5633 (tested a multiple number of...
Friday, November 2, 2012
Our benchmark indices are showing tremendous resilience since last two trading sessions as prices are not willing to sustain below the 5600 (Nifty) mark. We are observing immense buying interest in...
Thursday, November 1, 2012
Yesterday, our benchmark indices gained strength in the later half and managed to close on positive note. On technical front, this was mainly due to the ‘Positive Divergence’ in ‘RSI’ momentum...