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Thursday, July 3, 2014
Our benchmark index maintained its positive bias and in the process, managed to surpass previous high of 7700 with an ease. The index has now closed at the highest point ever. Considering current...
After witnessing such a cheerful session on Wednesday, our market traded with very lethargic movements and remained slightly under pressure for the major part of the session. However, there are no...
Tuesday, July 1, 2014
Index made a decent start of the week and then added another percent to the bulls kitty. Yesterdays strong up move was quite surprising to us; but it has happened thrice in last 12 – 14 trading...
Mondays strong rally was followed by a positive start of the session; but index remained muted and traded with very lethargic movement. We have been mentioning a Downward Sloping Channel (please...
Saturday, June 28, 2014
The entire week’s price action was almost a replica of the previous week as the Nifty vacillated within a small band and continued to show dual sentiments. During the early part of the week, the...
Friday, June 27, 2014
The June month derivative expiry session was completely dominated by the bears. We have seen a lot of up and down moves in last few trading sessions. But, despite this, index has managed to...
Wednesday, June 25, 2014
Our benchmark index vacillated within a very narrow range throughout the session just one day ahead of the June series derivative expiry. The movement was very lethargic and hence, we are not...
Tuesday, June 24, 2014
Mondays late recovery was followed by a cheerful beginning of yesterdays session. Initially, we felt that the index would face a resistance around the hourly ’89 EMA’ level of 7520. But...