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Wednesday, April 16, 2014
Yesterday, our benchmark index (Nifty) opened on a quiet note and then consolidated or took a breather throughout the first half. However, the hourly 20 EMA acted as a major obstacle and hence,...
Tuesday, April 15, 2014
Yesterday, our markets opened higher mainly on the back of strong opening given by the IT heavyweight, Infosys, after posting better-than-expected 4QFY2014 numbers. However, this positive opening...
Saturday, April 12, 2014
In-line with our expectation, our benchmark index (Nifty) continued its range bound movement during the week. Although, Wednesdays up move was quite surprising, we were not expecting the Nifty to...
Thursday, April 10, 2014
A strong closing on Wednesday was followed by a muted session as most of the index heavyweight constituents showed mixed movements. On the daily chart, we are now observing a small Upward Sloping...
Wednesday, April 9, 2014
Quite surprising to most of the market participants, including us, our markets gave a spell binding move during yesterdays session as it soared substantially higher to cross the 6800 mark. In the...
Monday, April 7, 2014
On Monday, our benchmark index slipped nearly a percent from early morning high. This was quite in-line with the expectation and in the process, Nifty almost precisely tested our mentioned target...
Friday, April 4, 2014
All the five sessions of the concluded week ended in the positive territory as the bulls were unwilling to leave their driving seat. On the first day of the week, the Nifty witnessed a breakout...
Thursday, April 3, 2014
It was the second consecutive session where we witnessed a gap up opening and then immediately index pared down its gains. As compared to Wednesday’s session, our markets experienced higher selling...
Wednesday, April 2, 2014
Yesterday, we witnessed a gap up opening on the back of positive global cues. However, this optimism couldnt last too long as the index shaved off almost all its morning gains. However, we observed...
Tuesday, April 1, 2014
Our markets opened on a flat note and traded in a narrow range just ahead of RBI monetary policy announcement. Post the event, index shed a bit from days high and sneaked below the 6700 mark....
Monday, March 31, 2014
Our benchmark index continued its upward momentum by opening half a percent higher on the back of positive global cues. However, we observed a decent profit booking in some of the index...