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Tuesday, March 27, 2012
The week began on a quiet note but market drifted lower right from the opening trades. Selling pressure gained momentum on the violation of Friday’s low of 17179 / 5220. As a result, indices...
Monday, March 26, 2012
Broadly speaking, Indices are trading in the range of 17687 to 17008 / 5386 to 5171. Clarity of trend will emerge only if after we witness a breakout on either side from the said range. On the...
Friday, March 23, 2012
Markets opened quietly yesterday and traded in a narrow range during the first half. As mentioned, strong selling pressure in the second half led indices to break intraday support level of 17509 /...
Thursday, March 22, 2012
After a quiet opening, markets drifted marginally lower during the initial trade. However, post mid-session, indices gained momentum after crossing high of the “Bullish Harami” pattern mentioned in...