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Monday, February 14, 2011
The coming week is likely to trade with a positive bias. On the daily chart, prices have rebounded from the lower trendline of the channel, which also coincides with the time-price retracement of...
Friday, February 11, 2011
Markets opened on a flat note traded with extreme choppiness to close in red. On the daily chart, we are observing a “Spinning top” which suggests that the prior downtrend is losing momentum. Even...
Thursday, February 10, 2011
Markets opened lower, witnessed minor pullback in the early hour of trade which was short lived and selling pressure dragged down the indices to close in red. In coming trading session if indices...
Wednesday, February 9, 2011
Markets were unable to sustain the opening positive move and selling gradually picked up momentum which dragged the indices to close deep in red. On the daily chart, we are witnessing that indices...