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Friday, February 12, 2016
A series of weak opening continued in our market owing to mounting global concerns. The selling pressure intensified as the day progressed and in the process, the Nifty tumbled ferociously...
Despite an extremely negative session on previous weeks Friday, our markets still managed to open the week on an almost flattish note, which was some sign of strength. Subsequently, the Nifty...
Thursday, February 11, 2016
For the second consecutive session, our markets opened with a downside gap and the weakness aggravated as the day progressed and in the process, the Nifty even slipped below the 7200 mark (on an...
Wednesday, February 10, 2016
A tail end collapse on Monday was followed by a gap down opening in our market citing continued negative cues from the global bourses. Subsequently, the Nifty traded within a narrow range...
Tuesday, February 9, 2016
Despite extremely negative session on Friday, our markets opened on a subdued note; indicating strength. Subsequently, the index traded within a narrow range by maintaining positive bias across the...
Monday, February 8, 2016
Despite couple of weak sessions in the first half, we maintained our stance of avoiding shorting and suggested investors towards not getting carried away by the pessimism. This view was mainly...
Saturday, February 6, 2016
Trading for the week gone by began with the Nifty opening...
Friday, February 5, 2016
After two days of relentless selling, our markets opened with a decent upside gap owing to positive global cues. The Nifty extended this lead in the first half; but, similar to previous sessions,...
Thursday, February 4, 2016
Tuesdays sharp sell off was followed by a gap down opening in our market owing to extremely negative cues from other global bourses. Subsequently, index consolidated within a narrow range and...
Wednesday, February 3, 2016
Yesterdays session opened on a flat note considering mixed global cues. After a quiet start, the index corrected a bit post the RBI monetary policy. However, immediately, we saw v shaped recovery...
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...