Daily trend of the market is down
After taking a counter rally market has restated going down. So the readers who had quitted their longs on 16th April, may stay out of the market and not create any long positions till the trend remains in downtrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, but as the markets are not looking very good so the readers who are holding their longs since 4th Market may now do partial profit booking and hold the rest with strict stoplosses
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Ansal Infra, Ashok Ley, Uniphos, Andhra Bank, Dish TV, UCO Bank, India Hotel, EKC, Tulip & Glaxo.
Weak Futures
This is the list of 10 Weak Futures: Renuka, Bajaj Hind, Balrampur Chini, ABB, Tech Mahindra, Aban Off shore, RCom, HDIL, Educomp & India Cement.
_________________________________________________________________
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