Daily trend of Nifty is up
Our trend of Nifty came in uptrend on 30th December, 2016 closing. (closing was near 8200 levels that day)
Trend of Nifty is still up. Nifty has nearly taken a 1000 points rally since our trend came up. Midcap stocks are going great. Now we wait for some signal which might tell us that a top is being made which could be an important support of Nifty which gets broken like 9140 spot index on closing basis or a sudden volatility move in vix or a sudden rally in dollar or a sharp fall in US markets. As Nifty is in uptrend, so we wait and go on holding our longs.
______________________________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: MUTHOOTFIN, Reliance, ADANIPORTS, ADANIENT, Indiabulls Real Estate, Larsen & Toubro, Jain Irrigation, TITAN COMPANY, Power Finance and PVR
Weak Futures
This is list of 10 Weak Futures: INFIBEAM, Idea Cellular, TECH MAHINDRA, Divi s Laboratories, Hindustan Zinc, BHARAT FINANCIAL, Infosys, AJANTA PHARMA,Dish TV India and Hero MotoCorp
-------------------------------------------------------------------------------------------------------------------------------------
Free Letter Disclaimer
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