Daily trend of the market is down
Market is trading at its major resistance which is going to decide the fresh move for the market.If this resistance breaks then the market may come in uptrend but if this resistance susstains then we may witness some further fall. So as overall trend of the market is down the readers may stay out of the market and do not create nay long positions till the trend remains down.
___________________________________________________________
Percentage above support
Percentage of stocks above support is below 50%, so the readers may not create long positions in cash market and wait for the percentage of stocks above support to become more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Tata Comm, Hind Uni Lvr, Ambuja Cement, Sun TV, Dabur, BRFL, Cairn, Divis Lab, WelCorp & Grasim.
Weak Futures
This is the list of 10 Weak Futures: EKC, Fortis, BGR Energy, Jet Airways, Essar Oil, Sintex, Renuka, Apil, Ibrealest & VIP Ind.
_________________________________________________________________
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