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Thursday, December 11, 2014
The impact of negative global cues was seen on our market during the initial hour as the index opened marginally lower and then fell sharply to breach the psychological level of 8300. However, the...
Wednesday, December 10, 2014
After witnessing a vertical correction for past couple of days, our benchmark index took a pause around the 8320 mark. However, considering the daily chart structure along with the negative...
For the second consecutive session, our market remained under strong selling pressure. The Nifty has shed merely two percent in couple of days; but, the individual stocks have corrected...
Monday, December 8, 2014
For the first time after October 16, 2014, our benchmark index (Nifty) closed with a single day loss of more than a percent. Yesterday, the Nifty opened on a subdued note; but, immediately started...
We witnessed mixed sentiments from market participants right from the initial trades of the week. The Nifty struggled to sustain itself above the 8600 mark. Twice during the week, the Nifty...
Thursday, December 4, 2014
Quite surprising to most of the market participants, we witnessed a strong gap up opening beyond 8600, mainly propelled by the heavyweight constituent, the ITC. In the process, the Nifty registered...
Wednesday, December 3, 2014
Similar to Tuesdays session, we witnessed yet another dull session in our market. In fact, the entire days range was narrower than the previous session. Looking at the hourly chart, it seems that...
Mondays modest profit booking was followed by slightly weak opening in our market. The index then maintained its narrow range throughout the remaining session to close above the 8500 mark. Since,...
Monday, December 1, 2014
Although, the index corrected by nearly 70 points from the morning highs; the overall movement was quite lethargic across the broader market. Hence, the chart structure still remains unchanged. We...
Saturday, November 29, 2014
As in the previous week, the concluding session turned out to be a trend decider for the concluded week as well. As mentioned in our earlier report, the Nifty marched towards the target levels of...
Friday, November 28, 2014
Despite being a derivative expiry session, we witnessed a lethargic and range bound movement for the most part of the session. Due to modest up move in the late trade, the benchmark index managed...
Wednesday, November 26, 2014
Yesterdays session can be termed as a Range Bound session as the index managed to oscillate within the narrow range of merely 60 points. The market had a quiet session one day ahead of the November...