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Wednesday, October 17, 2012
Yesterday after an optimistic opening, indices made an attempt to cross the immediate resistance level of 18886 / 5729. Unfortunately for the bulls, strong selling pressure in the second half...
Tuesday, October 16, 2012
Once again, the daily ’20 EMA’ acted as a strong support and the benchmark Indices bounced from the day’s lows. At this juncture, there is no major change in the price structure and we continue to...
Monday, October 15, 2012
As mentioned in our earlier reports, our benchmark indices, the Sensex and the Nifty, are now undergoing a ‘Time-Wise correction’ or in simple words, going through a consolidation or corrective...
Friday, October 12, 2012
The bulls showed tremendous resilience during yesterdays session, as we witnessed more than 1% intraday rally from the lows. This was mainly on the back of hopes that Infosys will post decent...