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Tuesday, May 17, 2016
The opening session of the week opened tad higher citing to positive cues from the Asian peers. However, the index immediately shrugged off this positive development and continued with Friday’s...
Monday, May 16, 2016
The first half of the week gone by was very much on our expected lines. The Nifty did manage to rebound sharply after finding support a tad above the mentioned support level of 7650. However, due...
Friday, May 13, 2016
Yesterday, our benchmark index showed their outperformance by shrugging off all the negative cues from the global bourses and regained the 7900 mark on a closing basis. Considering yesterdays price...
Thursday, May 12, 2016
Yesterday morning, most of the traders stood shell shocked after seeing the SGX Nifty down over 100 points on the back of Mauritius Treaty announcement. However, we saw a complete roller coaster...
Wednesday, May 11, 2016
Mondays strong closing beyond the 7850 mark was followed by an obvious gap up opening. Subsequently, the index remained within a narrow range amid some intraday volatility. However, the overall...
Tuesday, May 10, 2016
The week started the proceedings on a cheerful note owing to positive cues from the global peers. This momentum accelerated as the day progressed and as a result, the Nifty posted a smart rally by...
Monday, May 9, 2016
Post negative opening on Friday, the Nifty index pulled back higher from its support zone and recovered the losses to end the session on a flat note.The index behaviour post the breakdown below...
Friday, May 6, 2016
Our markets opened with a marginal upside gap and then traded with a mildly positive bias throughout the session. Eventually, the Nifty ended the range bound session with 0.38 percent gains over...
Thursday, May 5, 2016
Yesterday too our markets opened on a pessimistic note, which was clearly a rub off effect of the global bourses. The index traded with a negative bias throughout the session; but, the overall...
Wednesday, May 4, 2016
Yesterdays session opened with a mildly negative bias citing negative cues from the Asian bourses. Subsequently, we witnessed a sudden spurt in the market to gain nearly a percent. Everything...
Tuesday, May 3, 2016
The opening session of the week began with a marginal downside gap and corrected in the first half of the session. However, similar to Fridays session, we witnessed a modest recovery in the latter...
Monday, May 2, 2016
The Nifty has been trading within a range of 200 points in the past two consecutive weeks and it has now reached the lower end of the range. The range of 7800 – 7750 coincides with multiple...