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Monday, February 22, 2016
Despite some intra week hiccups, the Nifty eventually managed to conquer the 7200 mark on a closing basis. On the minor degree (hourly) chart, the Higher Top Higher Bottom is now clearly visible....
Friday, February 19, 2016
Yesterday, the Nifty opened with an upside gap of around a percent on the back of positive cues from global bourses. Post the gap up opening, the index traded in a narrow range in initial hour of...
Thursday, February 18, 2016
Similar to previous day, yesterdays session too opened slightly higher and immediately corrected sharply in the first half to almost test the 6950 mark. However, a v shaped recovery in the latter...
Wednesday, February 17, 2016
Yesterdays session opened with a marginal upside gap owing to strong global cues. However, this optimism was very short lived as we witnessed a gradual decline in the first half followed by a sharp...
Tuesday, February 16, 2016
The trading for the week kick started with a decent upside gap citing to relief rally across the globe. In fact, the optimism accelerated as the day progressed, which eventually resulted in to a...
Monday, February 15, 2016
The week gone by was a dreadful week for the equity markets across the globe. Although, we are now seeing a strong support zone on the monthly chart, it wont be fair to keep discussing support...
Friday, February 12, 2016
A series of weak opening continued in our market owing to mounting global concerns. The selling pressure intensified as the day progressed and in the process, the Nifty tumbled ferociously...
Thursday, February 11, 2016
For the second consecutive session, our markets opened with a downside gap and the weakness aggravated as the day progressed and in the process, the Nifty even slipped below the 7200 mark (on an...
Wednesday, February 10, 2016
A tail end collapse on Monday was followed by a gap down opening in our market citing continued negative cues from the global bourses. Subsequently, the Nifty traded within a narrow range...
Tuesday, February 9, 2016
Despite extremely negative session on Friday, our markets opened on a subdued note; indicating strength. Subsequently, the index traded within a narrow range by maintaining positive bias across the...
Monday, February 8, 2016
Despite couple of weak sessions in the first half, we maintained our stance of avoiding shorting and suggested investors towards not getting carried away by the pessimism. This view was mainly...
Friday, February 5, 2016
After two days of relentless selling, our markets opened with a decent upside gap owing to positive global cues. The Nifty extended this lead in the first half; but, similar to previous sessions,...