Market had come in downtrend on 20th December. So the readers who had quit their long positions on 21st Dec may not create long positions till the trend remains down.
Percentage above support
Percentage of stocks is still below 50%, so the readers who has quit their longs in cash market on 15th December may not create long positions till percentage above support remains below 50%.
Strong Futures
This is list of 10 Strong Futures: BEML, Engineers India, TATA CONSULTANCY SERV, PC JEWELLER, MindTree, Indian Oil Corp., Oracle Fin Serv Soft, NIIT Technologies, DLF and Reliance Industries.
Weak Futures
This is list of 10 Weak Futures: BHARAT FINANCIAL, BAJAJ FINANCE, Allahabad Bank, CEAT, Union Bank of India, United Breweries, JUST DIAL, IDFCBANK, Sun Pharma and Crompton Greaves
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Poll
Which asset class do you think will perform the Best in 2017, please visit the blog to answer it.
For any feedback on the blog, please use the contact form on the blog.
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Poll
Which asset class do you think will perform the Best in 2017, please visit the blog to answer it.
For any feedback on the blog, please use the contact form on the blog.
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