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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...
Monday, July 1, 2013
It was a complete roller coaster ride for the market participants as indices bounced sharply from weekly lows post positive domestic developments. It has been observed in the past that the weekly...
Friday, June 28, 2013
Our benchmark indices opened on a cheerful note considering modest bounce in all major equity bourses across the globe. The initial up move remained intact throughout the session and as a result,...
Thursday, June 27, 2013
Yesterday, apart from the concluding hour, lackluster movement was seen during rest of the session. The entire days price action was within Tuesdays range. Hence, the Long Legged Doji Japanese...
Wednesday, June 26, 2013
Yesterday, in line with our expectations, the lower end of the...
Yesterday, indices remained sideways for the initial couple of hours. As expected, the lower end of the Upward Sloping Trend Line provided decent support for our market. During the midsession,...
Tuesday, June 25, 2013
The week started off on a pessimistic note considering negativity across the globe. As a result, indices plunged and closed below the important 78.6% Fibonacci retracement level of 18636 / 5638. At...