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Wednesday, February 24, 2016
Despite a strong overnight rally from the US bourses, our markets opened on a flat note and then corrected steadily throughout the day to end the session with more than one and half a percent loss....
Tuesday, February 23, 2016
The opening session of the week began marginally in the positive territory citing positive global cues. During the remaining part of the day, the Nifty maintained its positive bias; but, the...
Monday, February 22, 2016
Despite some intra week hiccups, the Nifty eventually managed to conquer the 7200 mark on a closing basis. On the minor degree (hourly) chart, the Higher Top Higher Bottom is now clearly visible....
Saturday, February 20, 2016
Trading for the week kick started with a decent upside gap...
Friday, February 19, 2016
Yesterday, the Nifty opened with an upside gap of around a percent on the back of positive cues from global bourses. Post the gap up opening, the index traded in a narrow range in initial hour of...
Thursday, February 18, 2016
Similar to previous day, yesterdays session too opened slightly higher and immediately corrected sharply in the first half to almost test the 6950 mark. However, a v shaped recovery in the latter...
Wednesday, February 17, 2016
Yesterdays session opened with a marginal upside gap owing to strong global cues. However, this optimism was very short lived as we witnessed a gradual decline in the first half followed by a sharp...
Tuesday, February 16, 2016
The trading for the week kick started with a decent upside gap citing to relief rally across the globe. In fact, the optimism accelerated as the day progressed, which eventually resulted in to a...
Monday, February 15, 2016
The week gone by was a dreadful week for the equity markets across the globe. Although, we are now seeing a strong support zone on the monthly chart, it wont be fair to keep discussing support...
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...