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Monday, November 5, 2012
Clearly, the bears were completely overwhelmed by the bullish move in the second half of the previous week. Despite a breakdown from the support level of 18535 / 5633 (tested a multiple number of...
Friday, November 2, 2012
Our benchmark indices are showing tremendous resilience since last two trading sessions as prices are not willing to sustain below the 5600 (Nifty) mark. We are observing immense buying interest in...
Thursday, November 1, 2012
Yesterday, our benchmark indices gained strength in the later half and managed to close on positive note. On technical front, this was mainly due to the ‘Positive Divergence’ in ‘RSI’ momentum...
Wednesday, October 31, 2012
As expected, RBI Monetary policy set the direction for the market after a consolidation of 14 trading sessions. The prices have finally managed to come out of the narrow trading range. In the...
Tuesday, October 30, 2012
Every trading session is proving out to be a replica of the previous trading sessions. It’s been 14 trading sessions that we have been experiencing a range-bound activity. The markets are clearly...