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Monday, January 9, 2017
Its been a week of consolidation for our market after seeing a spectacular recovery in the previous week posting a new ten month low of 7893.80. However, things were quite clear due to this...
Friday, January 6, 2017
Looking at past three days selling pressure at 8200, opening above this level was the only option left to surpass this strong hurdle and we saw this yesterday as the Nifty convincingly opened...
Thursday, January 5, 2017
For the third consecutive session, we witnessed similar price action wherein the Nifty opened higher and then faced strong selling pressure at higher levels. Once again, the index failed to sustain...
Wednesday, January 4, 2017
Yesterdays session was a replica of previous one as the index opened higher and then corrected in the initial hours. This was followed by a decent recovery in the second half to surpass the 8200...
Tuesday, January 3, 2017
The opening session of the new calendar year started with a marginal upside gap, however, the lead was very short lived as we witnessed a sharp decline in first couple of hours. Post the midsession...
Monday, January 2, 2017
It was a remarkable week for traders (especially bulls) as we not only saw respite after a decent corrective move but also a stupendous recovery after posting a low of 7893.80 on Monday. More...
Friday, December 30, 2016
Yesterday, the Nifty opened on a flat note and traded in a narrow...
Thursday, December 29, 2016
A stunning intraday rally on Tuesday was followed by a positive start with a marginal upside gap as indicated by the SGX Nifty. Subsequently, we saw some follow up buying during the mid session to...
Wednesday, December 28, 2016
It was a remarkable day for traders (especially bulls) as we not only saw respite after a recent corrective move but also a stupendous intraday recovery to reclaim the 8000 mark by a fair margin....
Tuesday, December 27, 2016
A breather on Friday was followed by yet another gap down opening to start the proceedings for the concluding week of the calendar year. The price movement was certainly not so encouraging as the...
Monday, December 26, 2016
On Friday, the Nifty traded range bound and ended the session on a flat note. During the week, Nifty sneaked below the crucial support of 8056.85, which was the Higher Bottom on the daily chart...
Friday, December 23, 2016
Yesterdays session clearly caught us on the wrong foot as the...