Evening Report dated 13th Oct 17

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A bullish open drive above the spike highs of Thursday and the composite balance of the past 4 sessions changed the tone of the auction early on Friday and confirmed the bullish bias above the neutral zone of 10050- 10070 we had seen earlier in the week. Bulls were driving the auction at the weekly […]

Evening Report dated 12th Oct 17

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The auction on Thursday turned the tables back on the bears and went past the session highs of yesterday in the Nifty. The Banknifty managed to auction back to the scene of the crime at 23390. In the process, the Nifty went past and closed above the Failed auction point of 10084 seen yesterday. To understand the […]

Evening Report dated 11th Oct 17

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The auction on Wednesday trended lower sharply after a gap up failed to get new buyers to push prices higher in the afternoon session. The session erased all the gains made from the spike zone of last Friday and returned price back to that POC. The scene of the crime is at 10060 and a zone marked […]