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Monday, January 21, 2013
Positive steps taken by the Government during the week led to a decent intraweek rally in our benchmark indices. Partial deregulation of diesel prices was seen as a landmark development on the...
Friday, January 18, 2013
Considering the corrective session on Wednesday, it was very surprising to have a positive closing yesterday. The rally was mainly led by the index major heavyweight Reliance Industries along with...
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...
As expected and mentioned in out earlier reports, Indices faced strong resistance near the Upward 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...