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Wednesday, April 11, 2012
Yesterday, indices opened on a flat note and traded in a narrow range throughout the day to close below 5250 mark. Now on the Daily chart, we are observing a candlestick pattern which resembles a ...
Tuesday, April 10, 2012
Yesterday, indices opened with a significant downside gap and maintained its early pessimism throughout the session to close below 5250 mark. We are now observing that indices have taken support at...
Monday, April 9, 2012
We have witnessed a small trading range during the truncated week. On account of public holidays, participation in the market was lower and volumes were below average. As expected, after crossing...
Wednesday, April 4, 2012
Yesterday, after a gap up opening our indices traded with positive bias in the first half of the trading session. As expected, the Indices faced resistance near the ‘Downward Sloping Trend Line’...
Tuesday, April 3, 2012
As expected, the week began on a positive note and indices managed to hold on to their initial opening gains. This has resulted in a daily closing well above the 20 day EMA, which shows optimism...