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| Posted: 11 Aug 2009 06:16 AM PDT Daily trend of the market is sideways. Our market is under performing all the other markets of the world. The international markets are heavily overbought and it is expected that they take some correction in coming future, so when that happens then our market will take a bigger correction . It is advisable that the readers who bought Nifty on 16th July quit their longs and stay away till more clarity comes in the market ______________________________________________ Percentage above support Percentage of stocks above support is lesser than 50% so the long term investors do not invest in deliveries till the percentage support remains below 50% __________________________________________________________________ Strong Futures This is list of 10 Strong Futures: Bharat Forge, Patni, Cummins India, Shree Renuka, Tata Motors, FSL, HCL Tech, Mphasis,J indal Saw & GT Offshore Weak Futures This is the list of 10 Weak Futures: Suzlon, Chambal Fert, Divi'S Lab, Indn Hotels, Nagarjun Fertil, Patel Engineering, Hero Honda. Pantaloon Retail, Educomp & MLL _____________________________________________ Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email. __________________________________________________________________  |
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