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Tuesday, May 15, 2012
Yesterday, selling pressure dragged indices significantly lower to test mentioned support level of 16000 / 4850. Going forward, we reiterate that considering oversold position of momentum...
Monday, May 14, 2012
On the back of few negative domestic as well as global inflows, we witnessed a sharp correction during the week after a decent bounce on Monday’s session. Indices tested the mentioned support...
Friday, May 11, 2012
Yesterday during the initial part of the session, our indices traded above the high of mentioned "Inverted Hammer" and "Doji Star" pattern in the Sensex and Nifty, respectively. However, selling...
Thursday, May 10, 2012
We witnessed a range bound session after testing the support level of 16430 / 4950. A minor pull back towards the latter part of the session led indices to close around its initial opening level....
Wednesday, May 9, 2012
After seeing a sharp pull back towards 5100 mark on Monday’s session, once again markets lost positive momentum and corrected to close around the 5000 mark. Going forward, Tuesday’s high of 16945 /...