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Thursday, October 11, 2012
Yesterday, fear of an impending downgrade to the sovereign and negative sentiments across the globe lead our indices to close 0.9% lower below the mentioned support level of 18684 / 5666. Now on...
Wednesday, October 10, 2012
We had an optimistic start for the session, but indices faced immense selling pressure near 20 EMA on hourly chart. Going forward, yesterdays high of 18886 / 5729 now becomes the immediate hurdle...
Tuesday, October 9, 2012
Yesterdays session was completely dominated by the bears as the benchmark indices struggled to give even a minor intraday bounce. The price movement was in-line with expectations as the negatively...
Monday, October 8, 2012
Over the past four weeks, the market has moved substantially and conquered a majority of the key resistance levels. The Nifty has missed our mentioned target of 5850 by a whisker and corrected...
Friday, October 5, 2012
Finally, we have witnessed the much awaited closing above the stiff resistance level of 5741. Moreover, Nifty managed to cross the psychological level of 5800 during the session. As mentioned in...