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Thursday, November 15, 2012
Considering last couple of trading sessions, we can infer that in line with the global bourses our markets too are facing selling pressure at higher levels. The mentioned negative crossover in...
Monday, November 12, 2012
Previously, indices slipped marginally below the support level of 18530 / 5630 and bounced back sharply after making a low of 18393 / 5583. We are now observing a mirror image of the breakdown, in...
Friday, November 9, 2012
Despite, a massive sell off in US and European markets, our benchmark indices showed tremendous resilience as we opened nearly 1% lower and eventually managed to close marginally in the negative...
Thursday, November 8, 2012
The much awaited breakout from the resistance level of 18885 / 5729 was finally seen during yesterday’s session. As expected, all the positive technical evidences came into effect and as a result,...
Wednesday, November 7, 2012
Yesterday, although, the movement was choppy in the first half, our markets managed to eventually close in the positive territory. Further, we observed immense buying emerging towards the last hour...
Tuesday, November 6, 2012
Similar to most of the trading sessions in the month of October, yesterday’s session too was directionless and sluggish. During the first half, indices corrected from the highs and precisely tested...
Monday, November 5, 2012
Clearly, the bears were completely overwhelmed by the bullish move in the second half of the previous week. Despite a breakdown from the support level of 18535 / 5633 (tested a multiple number of...