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Wednesday, May 16, 2012
After a correction of nearly five consecutive sessions, yesterday we witnessed a small relief rally. However todays opening is likely to be negative on the back of extremely weak Asian markets. On...
Tuesday, May 15, 2012
Yesterday, selling pressure dragged indices significantly lower to test mentioned support level of 16000 / 4850. Going forward, we reiterate that considering oversold position of momentum...
Monday, May 14, 2012
On the back of few negative domestic as well as global inflows, we witnessed a sharp correction during the week after a decent bounce on Monday’s session. Indices tested the mentioned support...
Friday, May 11, 2012
Yesterday during the initial part of the session, our indices traded above the high of mentioned "Inverted Hammer" and "Doji Star" pattern in the Sensex and Nifty, respectively. However, selling...
Thursday, May 10, 2012
We witnessed a range bound session after testing the support level of 16430 / 4950. A minor pull back towards the latter part of the session led indices to close around its initial opening level....