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Monday, January 25, 2016
The Nifty traded with a negative bias for a major part of the week and tested the psychological level of 7300. With the breach of this level, although by a small margin, we saw a lot of pessimism...
Friday, January 22, 2016
Yesterday, we were expecting our markets to open on a positive note. Positive cues from other Asian bourses supported this view and as a result, we witnessed a gap opening in our market by more...
Thursday, January 21, 2016
Yesterday, the Nifty started trading below its previous days low of 7364.15 on back of negative cues from Asian bourses and started correcting from the initial trades. The fall accelerated in the...
Wednesday, January 20, 2016
Yesterday, our benchmark index opened with an upside gap owing to positive cues from the Asian bourses. During the remaining part of the day, the Nifty managed to give steady up move to close with...
Tuesday, January 19, 2016
Despite a sharp selloff in US bourses on Friday, first trading day of the week opened with a marginal downside gap, which was slightly annoying for most of the bears who had carry forwarded their...
Monday, January 18, 2016
On the concluding session of the week, the bears tightened their strangle and in a show of dominance, dragged the Nifty to close well below the 7500 mark. The Nifty has ended the week at a 19 month...
Friday, January 15, 2016
After a smart intraday recovery on Wednesday, our markets once again surprised most of the traders by giving a gap down opening of nearly a percent. However, once again, the bulls showed tremendous...
Thursday, January 14, 2016
Yesterday, our markets opened higher owing to positive global cues. The index extended these gains in the initial hour of the trade. However, post the initial hour, we witnessed a complete roller...
Wednesday, January 13, 2016
Yesterday, our markets opened tad higher as indicated by the SGX Nifty. However, we almost witnessed an Open High in the Nifty, which is generally considered as a negative sign (for that day), if...
Friday, January 8, 2016
Once again the Chinese markets (Shanghai Composite) spooked all major bourses across the globe as the trading on their exchanges halted after a further devaluation of Yuan (Chinese currency). This...
Wednesday, January 6, 2016
Mondays massive single day correction was followed by a gap up opening by a small margin on Tuesday. The index remained under pressure for most part of the session as the Chinese markets showed a...
Monday, January 4, 2016
We have been mentioning about the key points of 7950 – 7970 on the Nifty since the past couple of weeks. The index has now reached these levels and is nearing its recent high of 7979. This level...