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Wednesday, August 29, 2012
Yesterday, after a quiet opening, immense selling pressure resulted in a breach of Mondays low i.e. 5346 during the initial hour of trade. As expected, we witnessed a sharp down move in the markets...
Tuesday, August 28, 2012
After a quiet opening, the selling pressure intensified during the second half, which led to a fall below the last weeks low of 17705 / 5368. As a result, the negative momentum continued till the...
Monday, August 27, 2012
The positive streak continues as our benchmark indices have posted a close in the green territory for the fourth consecutive week. Looking at the weekly ‘Line chart’, we can infer that indices have...
Friday, August 24, 2012
Yesterday, the session started on an optimistic note but has yet again failed to give a broad based rally on strong volumes. Going forward, yesterdays high (17973 / 5449) is likely to act as a...
Thursday, August 23, 2012
Despite a strong closing above 5400 mark on Monday, our markets could not continue the same momentum during yesterdays session. Going forward, our view remains intact as there is negligible change...