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Monday, November 14, 2011
On Friday, indices registered a Weekly low of 17096 / 5142 and closed marginally above the lower level (17165 / 5165) of the trading range mentioned in our previous report. Therefore, going forward...
Friday, November 11, 2011
Markets were struggling since last couple of sessions to cross immediate resistance level of 17702 / 5326. On Wednesday, markets made an attempt but again failed to cross this level and corrected...
Wednesday, November 9, 2011
After flat opening indices corrected towards the intraday support level of 17450 / 5250 and bounced from these levels during second half of the session. As mentioned in our earlier reports, the...
Tuesday, November 8, 2011
Going forward, indices are likely to face resistance near the “Downward Sloping Trend Line” level of 18100 / 5450 and “200-Day SMA” which is placed at 18000 / 5400 level. However, the impact of...