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Friday, December 8, 2017
This week, markets behaved like a double-edged sword as we saw some follow through selling in the initial part after last weeks intimidating selling and then the latter part was clearly dominated...
After five days of decent correction, our markets finally managed to snap its losing streak as we saw a gap up opening followed by a strong buying momentum throughout the session to reclaim the...
Thursday, December 7, 2017
Finally, cues from US markets were in sync with our markets as well as other major Asian bourses. We had a gap down opening and then a small patch of consolidation ahead of the RBI monetary policy....
Wednesday, December 6, 2017
In yesterdays trading session, the Nifty index continued to correct during initial couple of hours of the day. However, the index took support around its 89DEMA support and recovered in the last...
Tuesday, December 5, 2017
Yesterday, our markets opened on a positive note as we saw DOW JONES futures soaring by more than 200 points after the Republican tax reform bill passed through the US senate over the weekend...
Monday, December 4, 2017
Similar to previous sessions, a massive overnight rally from US bourses did not have any impact on our markets on Friday. In the initial trades, we did see a gap up opening, but this entire lead...
Saturday, December 2, 2017
This has been one of the biggest weekly fall for our markets in the current calendar year. During the week, there were two occasions when US bourses clocked colossal single day gains; but, quite...
Friday, December 1, 2017
Finally, a streak of lackluster sessions came to an end as we saw decent intraday price action yesterday after a gap down opening. This was mainly on the back of negative cues from the Hang Seng ...
Unlike previous five expiry days, finally, we witnessed some decent price action (for traders) on Novembers expiry day. After hitting lows of 10100, the index recovered in the midst of the last...
Thursday, November 30, 2017
Despite North Korea missile test, our markets opened on a flat note; but, one would also think from a different point of view that a massive overnight rally in US bourses did not have any rub off...
Wednesday, November 29, 2017
Yesterday our markets opened on a flat note owing to subdued start in Asian bourses with a mildly negative bias. The Nifty consolidated throughout the first half by strolling around the 10400 mark....
Tuesday, November 28, 2017
Last Friday, we saw some positive moves in anticipation of Standard and Poor’s (S&P) upgrading India’s rating; but, a final outcome of ‘Status Quo’poured some water on traders’ enthusiasm,...