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Friday, October 7, 2016
Yesterdays session opened on a subdued note owing to quiet global cues. Subsequently, we witnessed a positive trade within a narrow range for the major part of the day. However, a sharp sell off in...
Thursday, October 6, 2016
Our markets opened higher yesterday mainly on the back of a positive mood seen across the Asian bourses. However, this lead was very short lived as the index started drifting lower immediately...
Wednesday, October 5, 2016
Yesterdays session opened with a marginal upside gap owing to positive global cues. The index then slipped into a consolidation mode ahead of RBI Monetary policy. Post the announcement, we...
Tuesday, October 4, 2016
The Nifty index opened the day on a positive note yesterday and rallied higher to end the session with gains of 1.47 percent. Although the Nifty index showed a pullback move yesterday, the higher...
Monday, October 3, 2016
The Nifty traded in a narrow range on Friday and closed with minor gains over its previous close. On the daily chart, the Lower Top Lower Bottom formation has been confirmed to be coupled with the...
Friday, September 30, 2016
After witnessing a strong session on Wednesday, our benchmark index opened higher as indicated by the SGX Nifty. The Nifty almost reached the 8800 mark and then consolidated throughout the first...
Thursday, September 29, 2016
Yesterdays session opened on a flat note owing to mixed global cues. Subsequently, we witnessed some consolidation in the market followed by a decent up move in the second half. As a result, the...
Wednesday, September 28, 2016
Yesterdays session opened higher considering a modest bounce in major global bourses. However, as expected, this small bounce got sold into after nearing an intraday resistance zone of 8760 8780...
Tuesday, September 27, 2016
The beginning of the new trading week was very much on our expected lines as the Nifty opened lower with a decent downside gap and there by confirms a yet another bearish development on chart. In...
Monday, September 26, 2016
Despite strong opening on Thursday, we maintained a cautious stance on the market not only for the last couple of sessions of the week but also for the forthcoming week. The reason being the...
Friday, September 23, 2016
Yesterday, our markets opened with a decent upside gap owing to extremely positive cues across the globe. However, due to lack of follow up buying, the Nifty consolidated in a thin range throughout...
Thursday, September 22, 2016
Yesterday, after a flat opening, we witnessed an attempt to move higher and in the process, the Nifty surpassed the 8800 mark. However, a modest correction in the latter half dragged the index...