Daily trend of the market is down
Market is still going down and a major support is very near from current levels from where it is expected to give a counterrally. But as overall trend is still down, the readers may stay away from 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 it is recommended not to buy or hold deliveries till the percentage of stocks above support does not come above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Bata India, Ranbaxy, Hind Uni Lvr, Asian Paints, Titan, Glaxo, OFSS, Hero Honda, Lupin & Exide Ind.
Weak Futures
This is the list of 10 Weak Futures: Patni, SRE Infra, Renuka, GT Offshore, Vijaya Bank, SBI, India Cement, Jindal Saw, IDFC & LITL.
_________________________________________________________________
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