Market is shrugging off good news and this is not a good sign for the bullish market. the present market is not so very bullish on all sides, only a few stocks are strong and have good potential profits in them. MRF is close to its resistance and will have a chance of a break off. Sundram Finance has formed a good base, breaking off 658 with good volumes will be a good Ready to take off Buy call. Traders can put this stock under their watch list for a potential long trade.
New high/ lows are a kind of flat and shows tiredness, budget should give the markets the much needed fillip, can't say, it can go other wise too. Aarti Ind is one of the stocks that is listed in the Big Money channel which has some promise in it, but has yet to build up volume strength.
Patience and regular home work pays rich rewards in any kind of markets, keep a watch on strong stocks.
Happy trading.
New high/ lows are a kind of flat and shows tiredness, budget should give the markets the much needed fillip, can't say, it can go other wise too. Aarti Ind is one of the stocks that is listed in the Big Money channel which has some promise in it, but has yet to build up volume strength.
Patience and regular home work pays rich rewards in any kind of markets, keep a watch on strong stocks.
Happy trading.
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