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Tuesday, February 2, 2016
Trading for the week began marginally higher owing to positive cues from the US bourses on Friday. However, this lead was very short lived as we witnessed a minor correction from intraday high of...
Monday, February 1, 2016
Our recent strategy of covering short positions near 7300 and buying in some of the heavyweight propositions has certainly played out well. We have been mentioning about the Falling Wedge on the...
Friday, January 29, 2016
Yesterday, our markets opened on a flat note considering mixed global cues. Subsequently, similar to previous session, we witnessed a range bound action throughout the session to conclude...
Thursday, January 28, 2016
Yesterday, our markets opened on a subdued note as compared to Mondays close. Subsequently, we witnessed a range bound action within merely 60 points on Nifty throughout the session to conclude on...
Wednesday, January 27, 2016
In Mondays trading session, the Nifty index opened higher on back of positive global cues. However, the late sell off in the indices erased the morning gains and the index ended the session with...
Monday, January 25, 2016
The Nifty traded with a negative bias for a major part of the week and tested the psychological level of 7300. With the breach of this level, although by a small margin, we saw a lot of pessimism...
Friday, January 22, 2016
Yesterday, we were expecting our markets to open on a positive note. Positive cues from other Asian bourses supported this view and as a result, we witnessed a gap opening in our market by more...
Thursday, January 21, 2016
Yesterday, the Nifty started trading below its previous days low of 7364.15 on back of negative cues from Asian bourses and started correcting from the initial trades. The fall accelerated in the...
Wednesday, January 20, 2016
Yesterday, our benchmark index opened with an upside gap owing to positive cues from the Asian bourses. During the remaining part of the day, the Nifty managed to give steady up move to close with...
Tuesday, January 19, 2016
Despite a sharp selloff in US bourses on Friday, first trading day of the week opened with a marginal downside gap, which was slightly annoying for most of the bears who had carry forwarded their...
Monday, January 18, 2016
On the concluding session of the week, the bears tightened their strangle and in a show of dominance, dragged the Nifty to close well below the 7500 mark. The Nifty has ended the week at a 19 month...
Friday, January 15, 2016
After a smart intraday recovery on Wednesday, our markets once again surprised most of the traders by giving a gap down opening of nearly a percent. However, once again, the bulls showed tremendous...