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Wednesday, March 28, 2012
Yesterday, after opening significantly higher, indices drifted lower during the initial trade. However, strong buying interest emerged at midst of the session pushed indices to close near the...
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...