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Wednesday, May 14, 2014
Finally after three consecutive sessions, our benchmark index (Nifty) took a breather as we witnessed a lethargic movement throughout the day. This price action resulted in a formation of yet...
Tuesday, May 13, 2014
Yesterday, it was the third consecutive session where index maintained its strong run on the upside. In the process, the Nifty has added more than 400 points, which indicates euphoric sentiments...
Monday, May 12, 2014
Overwhelming bulls continued their northward journey during yesterdays session and in the process, added another two percent to their kitty. This resulted in a highest ever closing tad above the...
The bulls overpowered the bears as they completely engulfed a nine-day down move in a single trading session, i.e. on Friday. In line with our expectation, the benchmark Nifty traded with a...
Thursday, May 8, 2014
After a couple of mixed trading sessions, it was the bears that held their nerves and eventually managed to pull the index well below the 6700 mark on a closing basis. The index was under...
Yesterdays decent correction was followed by slightly positive opening in our market. This session was quite similar to previous few sessions; where the index failed to sustain at higher levels and...
Wednesday, May 7, 2014
This was the third consecutive session where we witnessed narrower movement and neither bulls nor bears could take full control of the market. Since there is no major change in the chart structure,...
Tuesday, May 6, 2014
We witnessed a zig-zag movement throughout the session as neither the bulls nor the bears were certain of the trend. Last Fridays flat session followed by yet another muted closing marginally below...
Friday, May 2, 2014
We witnessed a tug of war among the bulls and bears throughout the week. But in the end, it was the bears who dominated the week and managed to restrict the bulls. In the process, the Nifty slid...
Wednesday, April 30, 2014
It was a complete roller coaster ride for the market participants as the market displayed completely wild movement on both sides during yesterdays session. Quite surprisingly, the opening hour...
Tuesday, April 29, 2014
Yesterday, our benchmark index opened tad higher; but that up move was very short lived as the index fell nearly a percent lower in merely 10 minutes. Index managed to recover major portion of...
Monday, April 28, 2014
Fridays weak closing was followed by comparatively lull session for the market. Index dropped a bit immediately during the initial hour and tested the hourly 89 EMA level of 6755. As usual, this...