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Monday, March 24, 2014
Its been two weeks now since our markets posted a new all time high on a closing basis. We are neglecting all the negative developments that are taking place across the globe. This clearly...
Finally, after 9 days of consolidation, our markets moved out of the narrow trading range. In the process, the Nifty managed to close well above the 6550 mark. This price development has now...
Friday, March 21, 2014
Overall its been a slight negative session for the market as the Nifty close below the 6500 mark. Despite strong pessimism seen across the globe, our markets managed to hold their range and shed...
Thursday, March 20, 2014
Our markets have maintained their tight range seen over the past 6-7 trading sessions. This consolidation phase is happening after a sharp rally and it becomes very difficult to predict when it...
Wednesday, March 19, 2014
Yet another session ended with a tug-of-war between the bulls and bears. Despite early morning optimism, the index closed with very negligible gains. However, the undertone still remains bullish...
Tuesday, March 18, 2014
Our markets are completely showing their autonomous existence by overlooking negative developments across all other global bourses. The entire week ended by displaying range bound activity....
Friday, March 14, 2014
Yesterday morning our benchmark index opened nearly half a percent lower on the back of extreme negative opening from the index heavyweight, Infosys. However, this event was completely overlooked...
Thursday, March 13, 2014
Yesterdays session was a replica of Tuesdays session as our benchmark index remained within a narrow trading throughout the session. Our markets completely overlooked other negative Asian bourses,...
Wednesday, March 12, 2014
Yesterday, our benchmark index opened quietly and immediately advanced higher to test Mondays high. However, this level acted as a strong resistance and hence, index came off gradually to test the...
Tuesday, March 11, 2014
A strong closing on Friday was followed by a muted session; but the bulls managed to maintain their dominance despite negative opening for the day. Yesterdays session can be considered as a...
Monday, March 10, 2014
Nifty has now come out of the multi-year congestion zone and has now entered a new charting territory all together. Looking at the higher degree chart pattern of many heavyweight constituents along...
Friday, March 7, 2014
The bulls were unstoppable as they continued marching higher for the third consecutive session. In the process, our benchmark index surpassed swing high of 6356 and posted a highest ever closing at...