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Friday, April 22, 2016
Yesterday too, we saw Nifty opening with a decent upside gap, courtesy to a grand opening from the entire Banking basket. However, we witnessed an index balancing act right from the opening trade...
Thursday, April 21, 2016
Yesterday, we saw Nifty opening with an upside gap owing to positive global cues on Tuesday.However, the index corrected immediately post the opening tick and registered almost an Open High, which...
Wednesday, April 20, 2016
On Monday, finally, the Nifty reached and closed marginally above the mostly observed technical evidence i.e. ‘200 SMA’ placed around 7875. Generally, this development is considered as a positive...
Monday, April 18, 2016
The Nifty posted reasonably strong weekly gains, despite it being a truncated week; mainly drawing impetus from IMD’s forecast of an above normal monsoon this year. The up move has come sooner than...
Saturday, April 16, 2016
Trading for the week gone by started off with Mondays...
Wednesday, April 13, 2016
Post the flat opening, Nifty continued its previous days momentum and ended the session with marginal gains of 0.49%. Although the index ended with marginal gains, the market breadth was largely in...
Tuesday, April 12, 2016
Yesterday’s session opened slightly higher owing to mixed global cues. However, we saw some selling pressure right from the opening trade. As a result, the Nifty shaved off all morning gains and...
Monday, April 11, 2016
Trading for the week gone by started off with Mondays session opening with an upside gap, although marginal. The Nifty then remained sluggish throughout the session but the index registered its...
A colossal rally in the month of March was followed by some decent profit booking in the inaugural week of the new financial year. If one refers to our previous weekly report, we had clearly...
Friday, April 8, 2016
A breather on Wednesday was followed by a muted opening; but, the Nifty almost started with a Open High; hinting weakness right from the beginning. The bears obliged to this move and took the...
Thursday, April 7, 2016
A decent correction post the RBI Monetary policy was followed by a flat opening citing to mixed global cues. Subsequently, the Nifty corrected a bit to test the strong support level of 7580....
Wednesday, April 6, 2016
In yesterdays trading session, the Nifty index started correcting from the opening tick. The index traded with marginal negative bias till the time of announcement of RBI monetary policy. However,...