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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...
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...
Friday, January 29, 2016
Yesterday, our markets opened on a flat note considering mixed global cues. Subsequently, similar to previous session, we witnessed a range bound action throughout the session to conclude...
Thursday, January 28, 2016
Yesterday, our markets opened on a subdued note as compared to Mondays close. Subsequently, we witnessed a range bound action within merely 60 points on Nifty throughout the session to conclude on...
Wednesday, January 27, 2016
In Mondays trading session, the Nifty index opened higher on back of positive global cues. However, the late sell off in the indices erased the morning gains and the index ended the session with...
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...