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Friday, February 14, 2014
Finally, after few lethargic sessions, we witnessed more than a percent price movement. However, unfortunately for bulls it has happened on the downside. The bears took a charge as the selling...
Thursday, February 13, 2014
Finally, after few lackluster sessions, we witnessed some action in the market. During the initial hour, Nifty moved beyond the 6082 level. As expected, index then moved higher and traversed the...
Wednesday, February 12, 2014
It has become a cluster of narrow range trading sessions as the market participants are showing no interest since past few days. Neither bulls nor bears are able to send the prices beyond a trading...
Tuesday, February 11, 2014
As expected, yet another session ended with a lackluster movement. During the session, neither Bulls nor Bears could take the complete control on the market. Mondays entire price action was within...
Monday, February 10, 2014
Its been a complete roller-coaster ride for the market as the bears tried to show their dominance and at the same time, the counterparty bulls successfully managed to defend the 5970 mark on the...
Friday, February 7, 2014
Yesterdays price action can be precisely described as the Roller - Coaster Ride for the market participants. Many intraday traders might have got whipsawed by the sharp selloff and then the entire...
Thursday, February 6, 2014
A volatile session on Tuesday was followed by a muted opening in our market. The bears then completely dominated the initial hour and in the process, our benchmark index trimmed nearly half a...
Wednesday, February 5, 2014
Despite unfavorable global cues, our market showed tremendous resilience after opening well below the crucial support level of 5970. The bulls grabbed this opportunity to create long positions and...
Monday, February 3, 2014
During yesterdays session, we witnessed a gradual correction towards the psychological level of 6000 mark and the index is now heading towards the crucial support level of 5970. At this juncture,...
Saturday, February 1, 2014
A sudden shift in traders sentiments was influenced by domestic as well as global developments. In our previous weekly report, we had clearly mentioned that the bulls were struggling at higher...
Friday, January 31, 2014
After 2 days of sideways price action, bears hit back on Thursday with a gap down opening of nearly a percent. This downside gap remained unfilled, indicating strong pessimistic sentiments in the...
Thursday, January 30, 2014
Yesterday, we witnessed yet another quiet session just ahead of the derivative expiry. The Nifty rallied towards the hourly 20 EMA, which acted as a strong resistance for the market. As a result,...