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Tuesday, July 23, 2013
Yesterdays price action was almost a replica of the Fridays session as indices trimmed their early gains and ended on a flat note. A minor correction during the second half took place mainly on the...
Monday, July 22, 2013
The market has ended in the positive territory for the fourth consecutive week, although the movement was slightly range bound as compared to the previous week. In-line with our expectation...
Friday, July 19, 2013
Yesterday, during the first half, our benchmark indices slipped into a consolidation mode. Considering the hourly chart, it is clearly seen that indices found a decent support near ’20 EMA’ placed...
Thursday, July 18, 2013
Yesterdays price action can be perfectly described as a Tug-of-War between the bulls and the bears. Indices recovered smartly after posting a low of 19778 / 5927. Going forward, we continue to...