Daily trend of the market is up
Market is volatile but is near its support. And as overall trend of market is up, so the readers who had created long positions in Nifty when it closed at 5532 may go on holding the longs till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so the readers may still stay out of the marketand do not create long positions in cash market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Mcleodruss, Apollo Tyre, Nat Alum, Tech M, Bhushan Steel, HDIL, Escorts, ABB, Triveni & Essar Oil.
Weak Futures
This is the list of 10 Weak Futures: Patel Eng, Mphasis, Punjlloyd, Voltas, Educomp, LITL, GT Offshore, GVKPIL, Areva & Renuka.
_________________________________________________________________
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