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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...
Monday, October 29, 2012
The boredom continues in the market as prices are reluctant to move out of the narrow trading range. It’s been nearly 10 – 12 trading sessions that we have been experiencing a range-bound activity....
Friday, October 26, 2012
The derivative contract for the October series proved to be a phase of consolidation for the markets. The October series showed just a 1 % gain in comparison to the 6% up move in September. Overall...