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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...
Saturday, April 26, 2014
Last Thursdays strong closing was followed by a muted opening to the week; but our benchmark index (Nifty) managed to maintain its positive bias throughout the first three sessions. Despite being...
Wednesday, April 23, 2014
Despite being a derivative expiry session, we witnessed a genuine movement in the market. Our benchmark index opened marginally higher and maintained their positive bias throughout the session. As...
Tuesday, April 22, 2014
We witnessed a complete lethargic session just ahead of the April month derivative expiry session. Index consolidated within a small band for the entire session and maintained its existence above...
Monday, April 21, 2014
Last Thursdays strong closing was followed by a muted opening; but our benchmark index (Nifty) managed to maintain its positive bias throughout the session. As a result, we witnessed a highest ever...
Thursday, April 17, 2014
Despite being a truncated week, we witnessed a decent price movement in our benchmark index (Nifty). The market participants showed dual sentiments and in the process managed to close precisely at...
Wednesday, April 16, 2014
Yesterday, our benchmark index (Nifty) opened on a quiet note and then consolidated or took a breather throughout the first half. However, the hourly 20 EMA acted as a major obstacle and hence,...
Tuesday, April 15, 2014
Yesterday, our markets opened higher mainly on the back of strong opening given by the IT heavyweight, Infosys, after posting better-than-expected 4QFY2014 numbers. However, this positive opening...
Saturday, April 12, 2014
In-line with our expectation, our benchmark index (Nifty) continued its range bound movement during the week. Although, Wednesdays up move was quite surprising, we were not expecting the Nifty to...
Thursday, April 10, 2014
A strong closing on Wednesday was followed by a muted session as most of the index heavyweight constituents showed mixed movements. On the daily chart, we are now observing a small Upward Sloping...
Wednesday, April 9, 2014
Quite surprising to most of the market participants, including us, our markets gave a spell binding move during yesterdays session as it soared substantially higher to cross the 6800 mark. In the...
Monday, April 7, 2014
On Monday, our benchmark index slipped nearly a percent from early morning high. This was quite in-line with the expectation and in the process, Nifty almost precisely tested our mentioned target...