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Monday, March 12, 2012
After a negative start for the week, indices bounced back sharply on Friday after the testing the 200-day SMA support level of 17164 / 5163 during the week. This level coincides with the 20-week...
Friday, March 9, 2012
In our previous trading session, we witnessed that initially indices drifted lower to test mentioned support level of 17000 / 5167and later pulled back to close in the green. Now on the Daily chart...
Wednesday, March 7, 2012
Yesterday, indices tumbled significantly lower to test mentioned support level of 17230 / 5210. The rise in the dollar index and a weakening rupee continue to impede trader sentiment in Indian...
Tuesday, March 6, 2012
After a weak opening, indices continued to drift further down as the day progressed on the back of negative global cues and rupee appreciation. Volumes remained lower as participants are awaiting...