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Tuesday, December 11, 2012
The opening session of the week ended on a flat note, showing lack of participation / interest by market participants. As a result, one more narrow range body formation is seen on the daily chart....
Monday, December 10, 2012
The previous week’s sharp rally was followed by consolidation in this week. However, Nifty precisely met with our target, of the ‘Channel Pattern’, at the 19500 / 5950 level mentioned in our...
Friday, December 7, 2012
After correcting sharply during the initial hour, we witnessed unexpected buying in our market post mid-session. BSP President Mayawatis statement that she would back the government on the FDI-in...
Thursday, December 6, 2012
Yesterday, we witnessed yet another session with lackluster activity and a narrow trading range. Further, initial gap opening above the high of ‘Spinning Top’ candle has negated the pattern....
Wednesday, December 5, 2012
Yesterdays session was a replica of previous trading session. Indices opened flat and remained in a tight range for the whole trading session. Thus, the Spinning TopJapanese candlestick pattern...
Tuesday, December 4, 2012
Friday’s strong closing was followed by a quiet session in our market. It was quiet evident to have such a sideways movement in prices after a sharp rally of nearly 4.50% in three consecutive...
Monday, December 3, 2012
After a long consolidation of seven weeks, the bulls have finally started to cut loose. We had mentioned a strong support level of Channel pattern around 18255 / 5548. This level was defended...