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Friday, August 31, 2012
Finally, after four consecutive bearish sessions, our markets managed to bounce and close in the positive territory. Extreme oversold condition of momentum oscillators and the derivative expiry...
Thursday, August 30, 2012
For the third consecutive session, indices opened flat and drifted gradually throughout the day. The nightmare continued for some of the individual stocks in Metal, Infra and Banking sectors. Going...
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...