Daily trend of the market is down
The market is trading at its resistance which if broken, then the trend will turn to up. So till trend is still down, so it is advisable that the readers may not create long positions in Nifty and stay away from the market till it does not come in uptrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support has come above 50%, but it is still advisable to wait for a day or two more and then start creating long positions in cash market ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Apollo Tyre, Ruchi Soya, BEML, KFA, UCO Bank, Dish TV, TV-18, Tata Chem, Hotel Leela & Allahabad Bank.
Weak Futures
This is the list of 10 Weak Futures: Chennai Petro, Hero Honda, Sesa Goa, Reliance, Hind const, Orbit Corp, Punj Llyod, ABG Ship, JP Associates & Patel Eng.
_________________________________________________________________
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