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Friday, July 27, 2012
After a flat opening, indices traded quietly until the last hour of the session. As expected on a derivative expiry session, we witnessed immense volatility along with strong negative momentum,...
Thursday, July 26, 2012
Yesterday, indices opened flat and drifted lower during the initial hour of the trade. However, it can be clearly seen that the ‘200-day SMA’ has acted as a substantial support for the Index....
Wednesday, July 25, 2012
Despite extreme negative overnight cues from European and US markets, our markets opened on a quiet note and traded sideways throughout the session. As expected, ‘200-day SMA’ provided decent...
Tuesday, July 24, 2012
We have been mentioning a gap area of 17135 - 17034 / 5189 – 5159 levels formed on June 29, 2012. During yesterday’s session, our markets opened below 17034 / 5159 level and continued to fall...
Monday, July 23, 2012
After a flat opening on Monday, indices moved marginally below the 20-day EMA to test gap area (17135 - 17034 / 5189 – 5159 levels) formed on 29thJune 2012. This level also coincides with the...