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.Indian Bonds are doing bad as yields are showing strength. US markets are likely to trading on less volume as they head for the good friday week when they enjoy more rather than trade. Seems sideways consolidation is happening in all world markets waiting the next trigger. The volatility is near all time lows. We go on holding our longs till trends are up. Politically moves are all negative for US markets but well the flow of money is huge in markets and there are not many places to keep the money so it is finding the way to equity markets but the question is for how long?
______________________________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: MAX FINANCIAL SERVICES, ADANIENT, Container Corp of India, BHARTI INFRATEL, Oriental Bank of Commerc, Indian Oil Corp, ADANIPOWER, BHARAT ELECTRONICS , Bharat Petroleum and INDIGO
Weak Futures
This is list of 10 Weak Futures: INFIBEAM INCORPORATION, Jaiprakash Associates, Infosys Limited, JUBLFOOD, JUST DIAL, Ashok Leyland, TECH MAHINDRA, BHARAT FINANCIAL, Reliance Comm and Hindustan Zinc
-------------------------------------------------------------------------------------------------------------------------------------
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