Monday, January 3, 2011

State of Market 3 Jan: Bullishness follows

Nifty gave the leveraged buy signal on 22 Dec in post here. The Index still continues to be in Lev buy mode. The index has made two gap ups in the process. Updated chart.



Doing the state of market analysis shows that about 50% of the stocks are in leverge buy mode with 75% in total buy mode.


I have chosen the liquid FnO stocks for the analysis as by doing so the liquidity can be tracked in a better way.

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