Daily trend of the market is down
The Market is trading its major support from a strong counter rally is expected. But as over all trend of the market is still down since 28th July, so the readers may stay away from the market and do not create long positions till the trend remains down.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so it is advisable not to create long positions will the percentage above support remains below 50%
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Jubilant Food, Bata India, Idea, Hero Motors, Jain Irrigation, Asian paints, Bajaj Auto, Ruchi Soya, Dabur India & TVS Motor .
Weak Futures
This is the list of 10 Weak Futures: Jet Airways, IVRCL Infra, Educomp, KS Oils, Triveni, MLL, Moser Baer, Rel Capital, GT Offshore & OnMobile.
_________________________________________________________________
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