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Thursday, May 10, 2012
We witnessed a range bound session after testing the support level of 16430 / 4950. A minor pull back towards the latter part of the session led indices to close around its initial opening level....
Wednesday, May 9, 2012
After seeing a sharp pull back towards 5100 mark on Monday’s session, once again markets lost positive momentum and corrected to close around the 5000 mark. Going forward, Tuesday’s high of 16945 /...
Tuesday, May 8, 2012
Yesterday, markets opened significantly lower on the back of negative sentiments swaying across global bourses and subsequently indices slipped marginally below 5000 mark. However, deferment of...
Monday, May 7, 2012
We have been mentioning a trading range of 17530 to 16920 / 5345 to 5135 in the last couple of reports. Markets have now closed below ‘200-day SMA’ and ’20-week EMA’ level on account of selling on...
Friday, May 4, 2012
After a gap down opening below the mentioned support level of 5223, yesterday we witnessed a volatile trading session where selling pressure intensified in the later half and Nifty closed below...
Thursday, May 3, 2012
After a flat opening, indices surged higher during the initial part of the session. However, selling pressure during the second half dragged indices lower to close almost at the lowest point of the...