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Thursday, March 23, 2017
Finally, the momentum traders (the bulls) had to take it on the chin as we saw surprising gap down opening citing to extremely overnight negative cues from the US markets. Subsequently, the index...
Wednesday, March 22, 2017
Our market opened on a flat note for the second day in a row on the back of subdued movement seen across the globe. This was followed by extended bout of profit booking to test sub 9100 levels....
Tuesday, March 21, 2017
The new trading week started on a flat note citing mixed global cues. However, it was quite surprising to see that our markets extended Fridays corrective move that we saw after hitting a new high...
Monday, March 20, 2017
Once again, our markets opened higher which we believe was mainly on the back of US dollar index extending its losses and inching closer to the 100 mark. However, this opening lead was very short...
Friday, March 17, 2017
Yesterdays session opened with more than half a percent upside gap in line with cheerful global markets after US Federal reserve announced the 25bps rate hike on Wednesday.As a result, our markets...
Thursday, March 16, 2017
It seems that our markets have slipped into a consolidation mode post the event and this is what we generally see after a big gap up or gap down. In technical terms, we can call it as a Time wise...
Wednesday, March 15, 2017
It was a historical day for Indian markets as our benchmark index opened with a humongous upside gap cheering to BJPs thumping victory in UP assembly elections and then went on to register a record...
Tuesday, March 14, 2017
It’s been a second consecutive week of consolidation for our market, which was quite evident after reaching a psychological figure of 9000 and most importantly ahead of UP assembly election results...
Friday, March 10, 2017
Once again, we witnessed a nervous start to the trading day as most of the emerging markets seemed worried about the US Dollar index surpassing the 102 mark. However, our markets completely...
Thursday, March 9, 2017
Our benchmark index began the trading on a flat note owing to quiet global cues. Subsequently, a range bound initial hour was followed by a sharp corrective move to drag the index tad below the...