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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...
Friday, February 21, 2014
The index witnessed a decent profit booking after four consecutive positive sessions. In the process, Nifty trimmed by nearly a percent and closed marginally below the 6100 mark. At this juncture,...
Thursday, February 20, 2014
A strong positive session was followed by a quiet session; but the optimism remained intact. During the previous session, index closed well above the Downward Sloping Trend Line as well as the...
Wednesday, February 19, 2014
Our benchmark index opened quietly and continued its previous two days direction. In our previous report, we had clearly mentioned that a sustainable move beyond the hourly Downward Sloping Trend...
Tuesday, February 18, 2014
Our market started quietly just ahead of the Interim Budget announcement. However, it turned out to be a non-event and post the announcement; we observed a gradual rise throughout the remaining...
Monday, February 17, 2014
Trading for the previous week got off to a subdued start on the back of quiet trading mood across the globe. In line with our expectation, the Nifty gradually moved towards the expected resistance...
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...