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Wednesday, August 28, 2013
Yesterdays price movement was a replica of the massive fall seen on August 16, 2013. This was mainly on the back of increasing concerns over ongoing depreciation in Indian Rupee (INR) and rise in...
Tuesday, August 27, 2013
The optimistic closing on Friday was followed by a gap up opening and the bulls managed to conquer the 5500 mark during the initial hour of the session. Selling pressure near the strong resistance...
Monday, August 26, 2013
This weeks price action can be aptly termed as a Tug of War, as the first half was dominated by the bears and the second half belonged to the bulls. The weekly chart now depicts a Bullish Hammer...
Friday, August 23, 2013
Wednesdays massive intraday fall was followed by a subdued opening. Despite significant INR depreciation during the session, we witnessed buying interest in Equity markets. This was mainly on the...
Thursday, August 22, 2013
Yet another trading session turned out to be the nightmare for the bulls. The benchmark index opened substantially higher as the RBI on Tuesday late evening issued another set of steps to shield...
Wednesday, August 21, 2013
Finally, the bears decided to take a breather as Nifty managed to recover more than one and half a percent from the early morning lows. Barring initial five minutes, the rest of the session...
Tuesday, August 20, 2013
The bears are in no mood to show any mercy. The Nifty has shed more than 6% in merely two trading sessions and that’s a significant degree of price erosion in a very short span of time. In our...