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Monday, July 8, 2013
The concluded weeks price action can easily be described as a Tug-of-War between the bulls and the bears. After a decent up move, indices came off sharply at the middle of the week and again...
Friday, July 5, 2013
Yesterday markets opened higher and significant volatility was seen during the session. The indices have now tested the 89 day EMA and the Nifty has closed just below that moving average. The gap...
Thursday, July 4, 2013
For the second consecutive session, markets opened lower and closed well inside the negative territory. The benchmark indices have now tested the hourly 89-EMA level at 5770. Also the momentum...
Wednesday, July 3, 2013
During yesterdays session, indices remained under pressure for most part of the day. In the process, the Nifty precisely tested the daily 89 EMA level of 5852 but closed marginally above it....
Tuesday, July 2, 2013
The week commenced on a subdued note but eventually indices resumed with Fridays positive momentum and managed to cross the importance resistance of 19455 / 5864. This price action has resulted in...