Daily Newsletter from crnindia.com

Daily Newsletter from crnindia.com

Outlook for 17th September 2009

Posted: 16 Sep 2009 05:01 AM PDT

Daily trend of the market is up.
The market is in a strong uptrend, so the readers who are holding their longs in Nifty (bought on 25th August) may go on holding the long positions till the trend remains in uptrend.
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Percentage above support
Percentage of stocks above support is above 50% , so the readers who have invested in deliveries may go on holding them till the percentage of stocks above support remains more than 50%. __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Orchid chem, Al Bk, OBC, IOB, Chenn Petro, Bhushan Steel, Tata Motors, Hindalco, Jindal Saw & Indian Bank
Weak Futures
This is the list of 10 Weak Futures: Idea, Container Com, Dish TV, Hind UniLvr, PTC, Mc Dowell, BEL, Cipla, India Cement & Finance Tech..
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