Do Not Think Terminal as CASINO, it is Holy Place to INVEST
MARKET TREND:
Yesterday
Market got more consolidated and warmed up for Today. FIIs have
cleared their Index Positions both Longs & Shorts. They sold 7330
longs and squared off 13758 shorts and generated 232 cash by adding 6428
contracts and improved OI 21088 contracts. By are large they Sold 2745
cr and Bought Equities worth of 935 cr.
Nifty
has closed with Negative Divergence (RSI), which indicate sell at highs
and likely to go for Profit Booking by end of the Day, unless there is
Volume Break.
DUE TO HIPE IN MARKET LEVELS (Pivots) MAY NOT BE RESPECTED.
STOCKS TO WATCH:
HDFC, JINDAL POWER & STEEL (532286) & PRAJIND.
(KEEP WATCH ON RAJASTAN & PUNJAB, AAP POLARISATION MAY TURN TABLE)
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