NIFTY market strength is still intact. No signs of breakdown are seen. It is a situation where everybody wants to buy when the market falls. We all are waiting on sideline to jump in and invest into something. This is the exact reason why market in not falling. As soon as a stock starts to correct the buyers are jumping in.
The buying strength needs to be burned out otherwise market will just keep in 4500 and 4700 range and eventually breakout of higher side.
Few more stocks to study
Reliance industrial infrastructure
http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1251410728296&chddm=21168&chls=IntervalBasedLine&q=BOM:523445&ntsp=0
There is extra ordinary strength in this market.
Lets see what will break it
Thanks
Anil
Subscribe to India Stock Market Tips by Email
No comments:
Post a Comment