Daily trend of the market is up.
Even though the market is overbought, but it is unable to come down for a correction. A healthy correction is needed for the market to resume its upward trend. And as the daily trend is till up, so the readers who are holding their longs in Nifty (bought on 25th August) may go on holding the long positions till the trend remains in uptrend.
_____________________________________________
Percentage above support
Percentage of stocks above support is above 50% , so the readers who have invested in deliveries may go on holding them till the percentage of stocks above support remains more than 50%. __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Bhushan steel, Orient Bank, Jindal Saw, Chennai Petro, IOB, Allahabad Bank, Tata Motors, Patel Engineering, Hindalco & Aban Off shore...
Weak Futures
This is the list of 10 Weak Futures: McDowell, TV-18, IDEA, Dish TV, ACC, FinanTech, India Cements, Tata Comm, TTML & Container Col..
_____________________________________________
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