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Thursday, January 9, 2014
Yesterdays positive opening followed by a range bound activity throughout the remaining part of the session. This price action resulted in a Narrow Range body formation, which resembles a Bullish...
Wednesday, January 8, 2014
Yesterday, the selling pressure intensified once the 6170 level was breached and the Nifty went on to post a low of 6144. At this juncture, the momentum oscillator stochastic is in the oversold...
Tuesday, January 7, 2014
Yesterday, despite strong negative cues from other Asian bourses, our market showed tremendous resilience by holding the 6170 level. The intraday price range precisely resembles with Fridays...
Monday, January 6, 2014
The first week of the new calendar year 2014 ended in favor of the bears, courtesy, a single trading session. At the current juncture, the daily momentum oscillators do not bode well for the bulls....
Friday, January 3, 2014
Finally, we witnessed some serious action in our market after few consecutive dull sessions. However, unfortunately it turned out to be a nightmare for the traders as the index showed dual...
Thursday, January 2, 2014
The opening session of the new calendar year 2014 started on a higher note; but once again slipped into consolidation mode to close with very nominal loss. Yesterdays volumes were well below the...
Tuesday, December 31, 2013
The last Monday of the calendar year started on a higher note but eventually we witnessed a negative closing for the day. However, we are not observing a major change in the chart structure as the...
The last trading session of the calendar year 2013 ended above the psychological level of 6300. As a result, the Nifty has posted the highest ever monthly as well as quarterly closing. However, the...
Monday, December 30, 2013
Despite the derivative expiry, we witnessed lethargic and narrow trading range throughout the week. The bulls somehow managed to conquer the upper range of 6320 during Fridays session. However this...
Friday, December 27, 2013
Yesterday, some volatility was seen in the last 30 min on account of derivative expiry but that too was within a 40 point range. Its been three consecutive sessions where our markets oscillated...
Thursday, December 26, 2013
The previous session was the replica of Mondays session where our benchmark index remained range bound and corrected slightly towards the end of the day. Thus, there is no major change in the chart...
Tuesday, December 24, 2013
The penultimate week of calendar year 2013 commenced on a flat note after a strong up move seen in Fridays session. During the day, our benchmark index oscillated within a narrow range and profit...