Markets extended gains for the fifth straight week after optimism prevailed on back of exit poll results with Sensex posting bullish belt hold bar on weekly basis. Sensex, which was just inches away from all-time highs may be opening with gap up after 3-1 victory in state elections for the BJP and may be forced to test 1.5% higher resistance line of 68,415. The weekly RSI which is showing...
Markets managed to end with gains after initial hiccups and continued to remain 1% away from the all-time high in Sensex terms with 67,532 turning out to be an important hurdle. The Sensex carries high importance in terms of levels as changes were less frequent in Index components. In the past few days, markets have already rallied ahead of The sustained breakout in India VIX suggests...