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Monday, March 7, 2011
Markets, after challenging the downtrend by forming a higher bottom at 17470 / 5233 levels on the daily chart, have faced resistance near the 200-day SMA (18837 / 5650). The daily intermediate...
Friday, March 4, 2011
Market opened lower, traded with extreme choppiness but recovered from days low to close in green. At present there is no sign of weakness on the daily chart. Hence, if indices trade above 18604 /...
Thursday, March 3, 2011
Market opened higher and momentum on the upside intensified as the day progressed which lead the indices to close near day high. On the daily chart, we are observing that the momentum indicators...
Tuesday, March 1, 2011
Market opened on a positive note and witnessed sharp upside momentum which was short lived as selling pressure in later half wiped out majority of the ains. On the daily hart, the market has closed...