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Thursday, February 14, 2013
Tuesday strong closing followed by an optimistic opening and indices carried this positive momentum throughout the first half. Nevertheless, as expected, indices faced tremendous resistance near 20...
Wednesday, February 13, 2013
Our benchmark indices ended the ten-session losing streak and closed in green during yesterday’s trading session. Inspite of the positive closing, the upmove should be termed as relief rally /...
Tuesday, February 12, 2013
The opening session of the week ended on a very quiet note. Nevertheless, the bias remained negative throughout the session. During the session, 19414 / 5883 level provided decent support for the...
Monday, February 11, 2013
In-line with our expectations, markets experienced strong negative momentum throughout the week. During the week, indices precisely met with the mentioned targets of 19596 – 19406 / 5940 – 5897....
Friday, February 8, 2013
Similar to Wednesday’s session, our benchmark indices faced tremendous resistance near hourly ’20-EMA. Strong selling pressure led indices to sneak marginally below mentioned support level of 19596...
Thursday, February 7, 2013
Indices opened higher and precisely tested hourly ’20-EMA’, which acted as a strong resistance for the entire trading session. Eventually traders pared down all their opening gains. Going forward,...