Markets appear to be loosing it's steam as the RSI has turned negative, though they are still above 5 & 10EMA, which is a positive indication, Thus it may be called a no trade zone, as the NIFTY is likely to consolidate in between 5850 - 5950. At least on my radar there appears to be very less stocks to trade in for an upward move. Long positions can be taken in JETAIRWAYS for a target of 541, NDTV for a target of 88, SASKEN for a target of 175, STAR for a target of 450, WOCKPHARMA for a target of 393.
HAPPY INVESTING.............CHEERS !!!
HAPPY INVESTING.............CHEERS !!!
No comments:
Post a Comment