Stock Market Insights

Insights from Last Trading Session (02 February 2015)

Indian Stock opened on negative note and witnessed high volatility. During Mid-session, CNX NIFTY managed to recover all its losses as global cues from European markets were positive.

Down by 0.13% on February 02, 2015
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List of Evidences

FII added short position in stock derivative segment; We see ICICIBANK and YESBANK might fall further from current levels.
KOTAKBANK witnessed Bullish Engulfing pattern after a temporary weakness, meanwhile it managed to add open interest along with increases in Premium.
COALINDIA formed DOJI candle on yesterday’s trading session with high volume, indicating Trend reversal pattern.