Friday, March 2, 2012

Market is getting tighter to trade.

As the range of the market shrinks and price oscillating in the value zone for almost whole of the week, there are many stocks in the daily trend that have got their long exits and are slowly moving into non-trending zones. this is not good for the markets on a whole. But we see that this churning is happening in the large cap segment, while their mid cap counterparts are still strong.

Pull backs have not been strong enough to get entries in many stock calls that we had provided, some of them have had their first and are awaiting second entries. 

Among the stocks that we has reported in the top EPS ranking got its entry and has closed positive. As the stock takes of its resistance, the volume surge is 373%, which a very good positive for this trade. SHASUNPHARMA is one of the pharma stocks that is very strong on its rankings, watch this stock to move above 91.50 to trade long.

No comments:

Post a Comment