Daily trend of the market is Up.
Our Indian market is moving in a sideways consolidation zone. If the market closes below 2900 Nifty spot, then we you may quit your longs as then the market will again come in downtrend. The behavior of Indian market and the world markets on Wednesday was a bit of caution as they aree unable to go up.
______________________________________________
Percentage above support
Percentage above support came above 50% on 15th December, so we assume that the readers might have bought deliveries on 16th December when nifty opened at around 2970 and will be holding them. We plan to go on holding them till percentage does not comes down below 50%
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Aptech Training, Bajaj Hind, Matrix labs, Auro pharma, hind petro, Suzlon, DLF, NDTV & Uniphos
Weak Futures
This is the list of 10 Weak Futures: Satyam, Bhushan Steel, Redington, Roltas, Jindal Saw, GT Offshore, TVS Motors, Nucleus, Strides Arcolab & CMC.
_____________________________________________
Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
__________________________________________________________________
No comments:
Post a Comment