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Monday, April 15, 2013
The week was evenly dominated by both, the bulls as well as the bears. As expected, the indices precisely tested the mentioned support zone of weekly 89 EMA and the 161.8% Fibonacci retracement...
Friday, April 12, 2013
For the second consecutive session, indices opened on higher note and showed tremendous volatility during the session. Bulls were struggling to mark their existence at higher levels; but eventually...
Thursday, April 11, 2013
Despite positive opening, the first half of yesterdays session was dominated by the bears. In the process, indices slipped nearly 1% lower to register a low of 18173 / 5477. This level precisely...
Wednesday, April 10, 2013
The second session of the week started off on a positive note. In the process, indices precisely tested March 28, 2013 low of 18566 / 5604. This level also coincides with the daily trend line ...
Tuesday, April 9, 2013
Yesterday indices opened on a flat note and remained range bound for the whole trading session. In technical term this can be explained as an Inside day prices oscillated within the previous days...
Yesterday indices opened on a flat note and remained range bound for the whole trading session. In technical term this can be explained as an Inside day as prices oscillated within the previous...