Daily trend of the market is down.
The RBI Repo rate and Reverse Repo rate cut followed by the Indian Government package on Sunday might open the markets higher, and also US Markets had closed strong on Friday.
A decisive closing above 2800 Nifty Index might trigger a short term uptrend . So buying may be done if nifty closes above 2800
_______________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 20%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: NDTV, BEL, Andhra Bank, CESC, Sun TV, Dr.Reddy, Jindal Steel, IVRCL Infra, Nagar Const & TTML
Weak Futures
This is the list of 10 Weak Futures: M&M, Tulip, Jindal Saw, Havells, Voltas, Uni Tech, BRFL, Ansal Infra, Bhushan Steel & Purva
_____________________________________________
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