Thursday, July 2, 2020

Tomorrow's Market

Having gone through data today, market looks strong for tomorrow's trade at opening.In today's market one should notice that rupee has gained significantly against dollar.It is one of the many indicators of a strong market Once it is decided that market is strong one should be clear that long positions should be made in the trades,not short positions in general. Next when and in which counters one should make long positions. The data suggest that the counters like M&M,Tata Power,TCS,Bandhan Bank where one should take long positions.For tomorrow's trades at opening if anyone has taken long positions in M&M and in Tata Power just before closing of the market and carrying overnight positions it is high probability that these counters will open up and one should book profit without making any late.If the counter of M&M opens down it will be opportunity to make long position and book profit after waiting sometimes. These all will be happened if market will operate in normal conditions.

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