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We devise Long/Short strategies for multiple asset classes including Forex Majors/Single stock/Index/Commodities. Quality commentary and analysis covering the nse-nifty and bse sensex stocks, futures and option markets, midcap stocks, penny stocks over short term, medium term and long term horizon in the Indian Stock Market. Our other core services are end to end research delivery capabilities, Report Writing & Proprietary Trading Services.

Market Buzz

ADAG group stocks tank again leading the index facing another savage fall from the resistance level of 5550-5600.

Wednesday, September 1, 2010

Indian Markets continue to remain rangebound

The National Stock Exchange’s 50-share Nifty continues to trade in a tight range of 5350-5580 band. Either side of the band posing short term support and resistance respectively. Bullish trend is now slowly coming to a halt and shall turn out to be bearish if are able to break below the lower band. 

Patterns on the charts are indicating fatigue and it will be interesting to see how we shape up in coming sessions.

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