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Friday, April 20, 2012
Markets opened on a flat note and lingered around the hourly ’20 EMA’ during the first half. However, strong buying emerged near this support zone, which pushed indices higher to test mentioned...
Thursday, April 19, 2012
Yesterday, we witnessed a gap up opening well above the mentioned ‘Downward Sloping Trend Line’ resistance of 17400 / 5300 level, indices slipped nominally towards the end of the session. This move...
Wednesday, April 18, 2012
Yesterday, we witnessed a volatile trading session on account of “RBI Monetary Policy”. After the announcement of the policy, our indices rallied almost 1.5% from day’s low and closed in green. ...
Tuesday, April 17, 2012
Yesterday, markets opened on a flat note and remained in a range throughout the session. As expected, Friday’s low of 17027 / 5185 acted as a decent support for the markets. There is hardly any...