Daily trend of the market is down
The rally is still continuing and is now at its major resistance. It has to be seen whether market crosses its resistance or not. But as overall trend is down, the readers may stay out of the market and do not create any long positions till the trend remains down.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so the readers may still stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Welcorp, BRFL, Fortis, Bank of Baroda, TV 18, Finan Tech, LIC Houding, GMR Infra, Andhra Bank & Tata Motors.
Weak Futures
This is the list of 10 Weak Futures: Unitech, Patel Eng, Punjlloyd, BEML, Moser Bear, LITL, IVRCL Infra, Orbit Corp, Rcom & DCHL.
_________________________________________________________________
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