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Tuesday, July 22, 2014
Our benchmark index posted six consecutive sessions in the positive territory. Honestly speaking, yesterdays up move was quite unexpected for us. Due to decent rally, the index has now closed well...
Monday, July 21, 2014
Yesterdays positive start for the benchmark index was mainly led by the gap-up opening of the Reliance Industries (RIL) after posting a better-than-expected 1QFY2015 numbers. Index then attempted...
The Nifty futures open interest increased by 1.62% while...
Friday, July 18, 2014
The Nifty futures open interest increased by 2.09% while...
In-line with our expectation, index opened quietly and then we didnt see any major movement on either sides. However, Nifty managed to maintain its positive bias throughout the session. The index...
The last four consecutive sessions have posted a close well inside the positive territory after breaking the crucial support level of 7480 on the Nifty on a closing basis. However, our basic view ...
Wednesday, July 16, 2014
The previous session was almost a replica of Tuesdays movement as the index soared substantially in the late trade after precisely filling up the opening Gap. In-line with our expectation, the...
Tuesday, July 15, 2014
Looking at the previous sessions price movement, it is clearly seen that the Nifty has a strong support zone around the 7440 mark. Yesterday, index opened higher and immediately pared down all its...
Monday, July 14, 2014
Finally, after 3 – 4 consecutive pessimistic sessions, the bears took some breather as the index oscillated within a narrow range throughout yesterdays session. Going forward, the basic view...
Saturday, July 12, 2014
Finally, after a few range bound weeks, our market witnessed a decent price movement; but unfortunately, it turned out to be in favor of the bears. The concluded week was full of events and hence,...
Friday, July 11, 2014
The nominal losses on a closing basis doesnt portray the actual price action happened during yesterdays session. Index opened on a flat note and corrected nearly 100 points once the Union Budget...