Daily trend of the market is down
Market has taken a good support and may take a much needed counter rally from here. But as overall trend remains down so the readers who had quit their longs on 22nd April may stay out of the market and do not create any long positions till the trend remains down.
Percentage above support
Percentage of stocks above support is stillbelow 50%, so the readers who had quit the long positions in cash market on 22nd April are advised not to create long positions till the percentage above support remains less than 50%.
Strong Futures
This is list of 10 Strong Futures: Century Textiles, Aurobindo Pharma, Glenmark Pharma, IDBI Bank, M&M Fin., Sesa Sterlite, IGL, Godrej Industries, Tata Steel & HDIL.
Weak Futures
This is list of 10 Weak Futures: Bata India, Wipro, DLF, MindTree, Indiabulls Real Estate, Sun TV, Eicher Motors, HCL Tech, Sun Pharma & Bosch.
_________________________________________________________________
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