Daily trend of the market is Up
The Market has been overbought and is now moving in a sideways consolidation zone. Some healthy correction is expected. But as overall trend is still up so the readers who are holding longs in Nifty, may go on holding till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: STR Tech, Patel Eng, OnMobile, Jindal SWHL, Alok Text, HDIL, Sobha, Ibrealest, Hind Oil & Rel Media.
Weak Futures
This is the list of 10 Weak Futures: National Alum, Pir Health, Jain Irrigation, Sterling Bio, Mphasis, Lupin, Hind Uni Lvr, Cairn, Glaxo & GSPL.
_________________________________________________________________
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