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Wednesday, May 2, 2012
On Monday, after a positive opening Indices have now moved towards the ‘Downward Sloping Trend Line’ resistance of 17350 / 5250 level mentioned in our earlier reports. A sustainable move beyond...
Monday, April 30, 2012
We continue to mention the trading range of 17530 to 16920 / 5345 to 5135 as stated in the last couple of reports. We witnessed a lack luster week in spite of derivative expiry. This indicates...
Friday, April 27, 2012
Despite being a derivative expiry, we witnessed a very narrow trading range during yesterday’s session. Going forward, our view remains unchanged and the lackluster movement is likely to be...
Thursday, April 26, 2012
In spite of the volatility seen in yesterday’s session, the technical outlook on the market remains unchanged and the range bound activity is likely to continue. As mentioned in previous reports,...