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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...
Thursday, March 6, 2014
The market continued their optimism as they managed to recover smartly after sneaking marginally inside the negative territory. The overall intraday movement was narrow as compared to the massive...
Wednesday, March 5, 2014
After a cut of nearly a percent, the bulls bounced back strongly as the index successfully managed to hold 6200 mark. After a gradual movement, the Nifty picked up a strong momentum and reached the...
Tuesday, March 4, 2014
Our market opened tad lower on the back of global uncertainty. Initially, index managed to neglect it; but post mid session bears came back strongly and displayed their dominance till the closing...
Monday, March 3, 2014
Its been a cheerful week for the bulls as the Nifty continued its northward journey right from the opening session. In the process, the index initially conquered the 6160 mark and then persistent...
Friday, February 28, 2014
Despite February month derivative expiry session, we witnessed a genuine upside rally during the entire session. The index maintained its positive stance and closed tad below the 6250 mark. In-line...
Wednesday, February 26, 2014
Yesterday, our benchmark index continued its previous days optimism and opened tad above the 6200 mark. After moving slightly higher, the bulls chose to book profits and remain cautious throughout...
Tuesday, February 25, 2014
Our benchmark index opened slightly on the cautious note; but bulls managed to regain their dominance as the day progressed. As mentioned in the previous report, the ongoing optimism pushed the...
Saturday, February 22, 2014
clearly indicates that the bulls came back strongly from the lower levels of 5970 – 5950. During Tuesdays session, we observed a breakout from the Downward Sloping Trend Line around 6082. As...