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Thursday, November 24, 2011
After a pessimistic opening, indices gradually drifted towards 15745 / 4718 and breached this important support level after multiple attempts. Going forward, selling pressure is likely to intensify...
Wednesday, November 23, 2011
Despite weak US and European cues, we witnessed an optimistic opening and indices gained further ground to test 16200 / 4850 level. However, a minor correction towards the end of the session led...
Tuesday, November 22, 2011
As mentioned in our earlier report, we witnessed a sharp correction after violating low of the bullish hammer and indices closed well below 4800 mark. Indices are now nearing crucial support level...
Monday, November 21, 2011
Markets registered a Weekly low of 16165 / 4845 and managed to give a minor bounce on Friday’s session, which pushed indices higher to close marginally above 16300 / 4900 levels. We are now...