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Tuesday, April 23, 2013
Yesterday, as expected, indices continued to progress higher after breaking Thursdays high of 19061 / 5794 and moved beyond our immediate target of 19200 / 5815. Indices are now gradually moving...
Monday, April 22, 2013
The week saw our benchmark indices rally independently, neglecting all negative developments across the globe. During the early part of the week, indices managed to cross the high of the Spinning...
Thursday, April 18, 2013
Tuesdays strong rally was followed by a gap up opening in yesterdays sessions but indices failed to sustain at higher levels and trimmed all early gains during the second half. Yesterdays price...
Wednesday, April 17, 2013
For the second consecutive session, indices have neglected the negative developments in all other equity markets across the globe. Indices traded with immense optimism from the initial hour of the...
Tuesday, April 16, 2013
Despite strong negative cues from major Asian bourses, our benchmark indices managed to trade with positive bias throughout the second half of the session. Since, there is no major change in the...
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...