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Friday, March 30, 2012
Indices opened with a downside gap and traded marginally below “200-day SMA” during yesterday’s session. However, a minor recovery in the later half pushed indices higher to close above “200-day...
Thursday, March 29, 2012
Indices opened marginally down during yesterday’s session in-line with other global bourses and selling pressure intensified in the latter part of the day. Consequently, indices drifted lower to...
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...