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4th May 2016 Posted in: Blog 0

Blog meant for 5 May 2016 Thursday Dear friends, Nifty closed lower today by 40 points and hence entered Sell zone. The global markets continued to trade in negative territory too. Even tomorrow may be a negative day for the markets looking at the global cues. As per the 30 days moving average, Nifty entered [...]

3rd May 2016 Posted in: Blog 0

Blog meant for 4 May 2016 Wednesday Dear friends, Global weakness resulted in Nifty falling by 59 points to close at 7747. European and US markets are down around 1-2%. As per the 30 days moving average, Nifty is showing Wait to Sell indication. It is just slightly above the red line and a negative [...]

2nd May 2016 Posted in: Blog 0

Blog meant for 3 May 2016 Tuesday Dear friends, Today was a negative day for our markets. It opened in the red and stayed in negative territory throughout the day. The Asian markets closed significantly down whereas the European and US markets are trading mixed as of now. As per the 30 days moving average, [...]

2nd May 2016 Posted in: Blog 0

Blog meant for 2 May Monday 2016 Dear friends, Nifty closed flat on Friday. However the global markets closed quite significantly in negative territory. They were down around 1% on Friday. There seems to be some weakness in the global markets during the last 2-3 days  regarding economic growth and that is affecting our markets [...]