Author Archive: trifid research
trifid research
May 14, 2013
Benchmark Indices settled on a flat note despite of favored WPI Inflation nos. and traded around their support range. Nifty future if continues to trade around this support range of 6000-5980 then we can expect further correction towards the deeper…
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trifid research
May 13, 2013
Markets plunged about 2% in the starting of week on profit booking after a relentless bullish rally seen from various sessions. Nifty future showed a free fall with good volumes surpassing the support of 6070 and fell towards the next…
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trifid research
May 11, 2013
Markets rallied for the whole week and settled above their crucial resistance levels with support of better than expected IIP data. Nifty future resisted near 6090 in the intraday session and bulls carried the index towards the next resistance of…
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trifid research
May 9, 2013
Markets moved in their resistance range and ended the volatile session on a flat note ahead of IIP data as profit booking was seen on higher levels. Nifty future took resistance of 6090 and traded in a choppy fashion for…
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trifid research
May 8, 2013
Markets is running in bullish mood led by strong global markets and positive domestic political cues which lead towards new highs and their sustenance near their resistance levels are still indicating positivity. Nifty future might face strict resistance around 6120-6150…
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trifid research
May 7, 2013
Benchmark Indices kept up their positive momentum for the whole session and settled above their crucial resistance levels. Nifty future sustained above its key technical mark of 6000 for the whole session and closed at its resistance level of 6050…
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trifid research
May 6, 2013
Markets ended in green led by buying in metal and IT stocks and above their support levels indicating strength in the coming sessions. Nifty future if sustains above 5980 then it may lead towards the immediate resistance of 6030. While…
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trifid research
May 4, 2013
Markets moved on a choppy note for the whole session on account of disheartened RBI monetary Policy and profit booking was seen on higher levels. Nifty future was unable to sustain near 6000 and reversed towards 5940. If it trades…
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trifid research
May 2, 2013
Benchmark Indices ended on a buoyant note on hopes of rate cut by RBI and closed above their crucial mark. Nifty future traded towards higher levels for the whole session and bulls drifted nifty towards its psychological mark of 6000….
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trifid research
May 2, 2013
Markets sentiments were negative for most part of the session due to domestic cues but settled on a satisfactory note. Nifty future found support around 5870 and settled above 5900. It will trade towards higher levels till it maintains above…
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