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Tuesday, September 12, 2017
Our markets had a cheerful start for the week as we saw a gap up opening with a small margin on the back of favorable global cues. The index extended these gains in the first half and cemented its...
Monday, September 11, 2017
Benchmark Index (Nifty) witnessed yet another lethargic session on Friday to end flat with negligible gains. In fact, the overall daily range has shrunk further to merely 50 points, which is a...
Friday, September 8, 2017
Yesterday, the Nifty index witnessed a gap up opening as indicated by the SGX Nifty. However, lack of follow up buying at the resistance zone pulled the index below the opening levels forming a...
Thursday, September 7, 2017
In last few days, our market opening is clearly decided by the overall developments happening on the global front. Yesterday, once again, negative mood from the US bourses was passed on to the...
Wednesday, September 6, 2017
Our markets had a roller coaster ride yesterday as the Nifty gyrated within previous days range with a slightly higher volatility. During the midst of the day, we witnessed markets correcting quite...
Tuesday, September 5, 2017
It seems that the traders’ community across the globe is quite baffled because of the in and out nature of the recent geopolitical developments. Everything looked hunky dory on Friday and once...
Monday, September 4, 2017
Since last couple of weeks, the Nifty has been vacillating within the boundaries of a small Triangle pattern. Due to first couple of days action, prices precisely tested both ends of the pattern...
Friday, September 1, 2017
Our markets opened on a flat note and then consolidated in a range for the major part of the day. However, the expiry factor came into play in the last hour of the session during which we saw index...
Thursday, August 31, 2017
Markets surprised everyone for the second straight day as we saw a gap up opening immediately after taking a heavy knock on Tuesday due to geopolitical concerns. It has been a remarkable comeback...
Wednesday, August 30, 2017
Once again, the mounting geopolitical concerns spooked our markets as we witnessed a gap down opening with a cut of nearly three tenths of a percent. Subsequently, there was no respite as we saw...
Tuesday, August 29, 2017
Trading for the week began on a positive note on hopes of cooling down some tensions in Doklam. Subsequently, we saw range bound trade with a positive bias throughout the remaining part of the day....
Monday, August 28, 2017
If we summarize the overall price development in last couple of weeks, it seems the index has now slipped into a consolidation mode. The hourly chart indicates that the recent rally is still a...