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Friday, July 31, 2015
Yesterdays price movement was very much on our expected lines as the Nifty opened slightly higher and then went on to test our mentioned levels of 8420 – 8450 levels. However, in the second half,...
Thursday, July 30, 2015
After two days of a corrective move, our markets had taken a breather on the back of positive global cues. The Nifty opened tad higher and then remained within a narrow range to maintain early...
The Nifty futures open interest has decreased by 1.48% BankNifty futures open interest has increased by 2.05% as market closed at 8375.05 levels....
Wednesday, July 29, 2015
The Nifty futures open interest has increased by 5.98% BankNifty futures open interest has increased by 6.86% as market closed at 8337.00 levels....
Although, our markets corrected a bit from mornings high of 8397; the overall movement was not so scary as it seemed on Monday. The valiant attempt to cross the 8400 mark in the first half clearly...
Tuesday, July 28, 2015
Once again, turmoil in the Chinese Market (Shanghai Composite) spooked our market participants as we witnessed a gap down opening below the support level of 8480 and then a follow-through selling...
Monday, July 27, 2015
The Nifty futures open interest has decreased by 0.98% BankNifty futures open interest has increased by 3.71% as market closed at 8521.55 levels....
In the concluded week, we witnessed a see-saw action, as neither of the counter parties was able to take a hold of the market. Having said that, it can be concluded that the bears were marginally...
Friday, July 24, 2015
Yesterday, our benchmark index opened with a mildly positive bias and then traded around the 8650 mark for some time. However, it was clearly seen that the Nifty struggled to surpass this hurdle...
The Nifty futures open interest has decreased by 1.65% BankNifty futures open interest has increased by 3.30% as market closed at 8589.80 levels....
Thursday, July 23, 2015
Despite a decent correction on Tuesday, the bulls showed a tremendous resilience around the 8500 mark. After a soft opening, we witnessed a stupendous recovery from the mentioned support zone of...
The Nifty futures open interest has increased by 5.60% BankNifty futures open interest has increased by 4.58% as market closed at 8633.50 levels....