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Tuesday, December 18, 2012
Yesterday, our benchmark indices traded within the half a percent range along with very thin volumes. As a result there is no significant change in the chart structure. In today’s session, we...
Monday, December 17, 2012
We witnessed few ups and downs in the domestic market this week. Broadly speaking, indices oscillated in the trading range of 19613 / 5965 – 19193 / 5839 throughout the week. Indices are now just...
Friday, December 14, 2012
We had a quiet opening in our market and indices then made a feeble attempt to cross the resistance of hourly ’20 EMA’ during the initial couple of hours. Subsequently, selling pressure near this...
Thursday, December 13, 2012
Yesterday’s session was a nightmare for the day traders as we witnessed a very choppy session. Just before the midsession, indices recouped their early losses on the back of better-than-expected...
Wednesday, December 12, 2012
Yesterday, our benchmark indices surged nearly 1% in the initial hour of the trade but failed to carry the positive momentum throughout the session, to eventually close in the red. The Indices have...
Tuesday, December 11, 2012
The opening session of the week ended on a flat note, showing lack of participation / interest by market participants. As a result, one more narrow range body formation is seen on the daily chart....