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Thursday, December 20, 2012
Tuesday’s strong recovery was followed by a quiet session yesterday. Although a very narrow trading range was seen for the session, the bias still remains positive. There is no significant change...
Wednesday, December 19, 2012
Yesterday’s trading session was significantly influenced by the interest rate sensitive counters. A nosedive in the first half and a sharp recovery in the second half has led to a reversal of the...
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...