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Friday, April 27, 2012
Despite being a derivative expiry, we witnessed a very narrow trading range during yesterday’s session. Going forward, our view remains unchanged and the lackluster movement is likely to be...
Thursday, April 26, 2012
In spite of the volatility seen in yesterday’s session, the technical outlook on the market remains unchanged and the range bound activity is likely to continue. As mentioned in previous reports,...
Wednesday, April 25, 2012
Yesterday, we witnessed a flat opening in-line with global cues. Subsequently, indices moved in a very narrow range of 17047 – 17247 / 5180 - 5232. Going forward, we reiterate our view that 17047 /...
Tuesday, April 24, 2012
We witnessed a quiet opening on the back of mixed sentiments across Asian markets. Indices moved in a narrow range during the first half, but immense selling pressure near day’s high dragged...