- Asian Markets not picking up weakness displayed in US. US futures mildly positive.
- EVERONN : This is a stock in play. Board meeting today. Reports of stake buy by Nikhil Gandhi
ICFAI NationalCollege ? Everonn trades violently ahead of earnings as witnessed last time . I would like to choose my spots and reduce size and honor stops and try to avoid revenge and aggressive trading in the scrip. Previous Day High of 613 may be good resistance but beware of false breakouts. Stock is only in Cash segment that adds to lack of flexibility to express negative view. I would have to allow the market to show that it has made a top.
3. Other stocks likely to be in play : TCS, Cromgreaves, HDFC Bank, Sesagoa, CanBank, DCB, Escorts, PFC, Mindtree, Zylog Systems on Results meetings and as active securities for the previous day.
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