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Wednesday, August 22, 2012
Finally, we have witnessed the much awaited breakout above the psychological level of 5400 and a closing above 17727 / 5386. As expected, significant gush of liquidity was seen beyond the 5400 mark...
Tuesday, August 21, 2012
For the third consecutive week, our benchmark indices have closed in the positive territory. However, the ‘Higher Top Higher Bottom’ structure in weekly chart is yet to be confirmed as our markets...
Friday, August 17, 2012
Looking at the past couple of trading sessions, it is clear that 17754 / 5387 level is proving to be strong resistance level. Failure to close above this level (17754 / 5387) in multiple sessions...
Thursday, August 16, 2012
The sharp up move in the last session was seen after the announcement of July month inflation numbers. Going forward, as mentioned in our weekly report, only a weekly closing above 17727 / 5386...