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Friday, November 23, 2012
In-line with the expectation, our benchmark indices headed towards the next resistance level of 18570/ 5650 after crossing 18479 / 5620 level. Yesterdays high of 18568 / 5644 precisely co-incides...
In-line with the expectation, our benchmark indices headed towards the next resistance level of 18570/ 5650 after crossing 18479 / 5620 level. Yesterdays high of 18568 / 5644 precisely coincides...
Thursday, November 22, 2012
After couple of consecutive choppy sessions, finally indices have managed to move in a single direction for most of the trading session. Leaving aside the initial hour, rest of the session was...
Wednesday, November 21, 2012
After a gap up opening, our indices tested the mentioned ’20-EMA’, on the hourly chart, which is placed at 18411 / 5600 level. However, selling pressure at higher levels once again dragged the...
Tuesday, November 20, 2012
At this juncture, we are observing a ‘Narrow Range’ body formation near the strong support zone created by two channels. This pattern qualifies as a “Homing Pigeon” Pattern on the charts of the...
Monday, November 19, 2012
Despite being a truncated week, our markets have shown a bigger trading range as compared to previous few weeks. The week was dominated by the bears and our benchmark indices breached almost all...
Friday, November 16, 2012
During yesterday’s session, our benchmark indices continued the negative momentum seen on ‘Muhurat Trading Session’. After opening lower, indices went on to post a day’s low of 18408 / 5603, which...