Daily trend of the market is down.
Today Nifty index has closed below its major trend level and has come in downtrend. So the readers who had been holding their longs in Nifty (bought on 25th August) may now quit them on 28th Oct latest by 10.30 am. Till the trend remains in downtrend it is recommended that no long positions be created in Nifty
_____________________________________________
Percentage above support
Percentage of stocks above support is below 50%, so the readers who had invested in deliveries may now quit their holdings and do not create fresh positions go on holding them till the percentage of stocks above support remains more than 50%. __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Balrampur Chini, OFSS, Asian Paints, Mphasis, Dr Reddy, Yes Bank, Tcs, Polaris, Dabur & ITC.
Weak Futures
This is the list of 10 Weak Futures: Punj Lloyd, RCom, Idea, Unitech, Bharti Airtel, GTL Infra, TV-18, JP Hydro, Suzlon & Aban Off shore.
_____________________________________________
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