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Monday, August 6, 2012
As expected, indices rallied sharply during the first half of the week. Comments from ECB chief Mario Draghi were initially considered as negative as there were no signs of immediate liquidity...
Friday, August 3, 2012
Emulating Wednesday’s session, yesterday also our markets traded in a narrow range and only stock specific action was observed during the day. Going forward, we continue to mention 17004 / 5154...
Thursday, August 2, 2012
Broadly speaking, yesterdays session was mainly dominated by some individual stocks as indices maintained their positive undertone throughout the day to close marginally in the positive territory....
Wednesday, August 1, 2012
After opening marginally higher, Indices tested the 20 EMA on hourly chart. This level acted as a decent support for the markets and indices surged significantly higher to close near the days highs...