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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...
Saturday, October 1, 2016
The Nifty index started the week with a downside gap on...
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...
The Nifty started the proceedings with a marginal positive...
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...
Wednesday, September 21, 2016
Yesterday, we saw our benchmark index opening on a flat note in line with the mixed global cues. Subsequently, the index slipped below the 8800 mark and then remained inside the negative territory...
Tuesday, September 20, 2016
Yesterdays session opened marginally higher to kick start the proceeding of an eventful week. However, lack of participation from both counter parties (bulls and bears) was clearly seen throughout...