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Wednesday, July 25, 2012
Despite extreme negative overnight cues from European and US markets, our markets opened on a quiet note and traded sideways throughout the session. As expected, ‘200-day SMA’ provided decent...
Tuesday, July 24, 2012
We have been mentioning a gap area of 17135 - 17034 / 5189 – 5159 levels formed on June 29, 2012. During yesterday’s session, our markets opened below 17034 / 5159 level and continued to fall...
Monday, July 23, 2012
After a flat opening on Monday, indices moved marginally below the 20-day EMA to test gap area (17135 - 17034 / 5189 – 5159 levels) formed on 29thJune 2012. This level also coincides with the...
After a flat opening on Monday, indices moved marginally below the 20-day EMAto test gap area (17135 - 17034 / 5189 – 5159 levels) formed on 29thJune 2012. This level also coincides with the weekly...
Friday, July 20, 2012
Yesterday, indices opened higher and maintained their early gains throughout the day. Our markets have now convincingly closed above 20-day EMA. This gives a slight hint of optimism. Indices are...