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Tuesday, September 3, 2013
Yesterday, we had mentioned of a breakout from the hourly Downward Sloping Channel and the positive crossover in weekly Stochastic momentum oscillator. In-line with our expectations, Nifty traded...
Monday, September 2, 2013
It was a complete roller-coaster ride for the market participants as we witnessed a V shape recovery from the lows. In our previous report, we had mentioned that if the Nifty stays above 5504, then...
Friday, August 30, 2013
Yesterday, despite being a derivative expiry session, we did not see any volatile movement. Considering past two trading sessions, it can be concluded that the bulls have completely outsmarted the...
Thursday, August 29, 2013
We witnessed a roller-coaster ride during yesterday’s session where the initial half dominated by the bears and the latter half was overshadowed by the bulls. The weakness was seen mainly on the...
Wednesday, August 28, 2013
Yesterdays price movement was a replica of the massive fall seen on August 16, 2013. This was mainly on the back of increasing concerns over ongoing depreciation in Indian Rupee (INR) and rise in...
Tuesday, August 27, 2013
The optimistic closing on Friday was followed by a gap up opening and the bulls managed to conquer the 5500 mark during the initial hour of the session. Selling pressure near the strong resistance...