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Thursday, January 14, 2016
Yesterday, our markets opened higher owing to positive global cues. The index extended these gains in the initial hour of the trade. However, post the initial hour, we witnessed a complete roller...
Wednesday, January 13, 2016
Yesterday, our markets opened tad higher as indicated by the SGX Nifty. However, we almost witnessed an Open High in the Nifty, which is generally considered as a negative sign (for that day), if...
Friday, January 8, 2016
Once again the Chinese markets (Shanghai Composite) spooked all major bourses across the globe as the trading on their exchanges halted after a further devaluation of Yuan (Chinese currency). This...
Wednesday, January 6, 2016
Mondays massive single day correction was followed by a gap up opening by a small margin on Tuesday. The index remained under pressure for most part of the session as the Chinese markets showed a...
Monday, January 4, 2016
We have been mentioning about the key points of 7950 – 7970 on the Nifty since the past couple of weeks. The index has now reached these levels and is nearing its recent high of 7979. This level...
Friday, January 1, 2016
Yesterday, our markets opened marginally higher as indicated by the SGX Nifty. The index consolidated for the major part of the session. However, a good up move in the final hour added half a...
Thursday, December 31, 2015
Yesterdays session too opened on a muted note owing to subdued global bourses. During the first half, Nifty remained within a narrow range; however, a modest correction towards the fag end led to...
Monday, December 28, 2015
During the week, the Nifty not only managed to hold the 7800 mark but also surpassed the hurdle of 7852.90. Ideally, such price development should have been followed by a good upward momentum,...
Thursday, December 24, 2015
Yesterday, our markets opened with a decent upside gap owing to positive cues from the global bourses. The index then went on to break the recent hurdle of 7852.90 in the initial hour. Ideally,...
Tuesday, December 22, 2015
Trading for the week began on a soft note despite extremely negative cues from US bourses. The index managed to recover steadily in the initial hour and kept on ascending throughout the remaining...
Monday, December 21, 2015
In our previous report, we had mentioned about the strong support standing at the September low of 7539.50. In line with our expectation, the Nifty’s decline was arrested at the 7551.05 mark on...
Friday, December 18, 2015
Yesterday, our markets opened higher on the back of a strong overnight rally in US bourses post the Fed rate hike. Subsequently, index corrected a bit after testing the 7800 mark and remained...