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| Posted: 22 Oct 2009 06:15 AM PDT Daily trend of the market is up. The market has come down till its major support of 4950- 5000, now market is expected to resume its upward move. So as the daily trend is still up, 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. _____________________________________________ 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: Yes Bank, Bajaj Hind, Indusind Bank, Polaris, Andhra Bank, Jindal Steel, Dena Bank, Allahabad Bank, Canara Bank & Bank Of India. Weak Futures This is the list of 10 Weak Futures: Idea, Grasim, RCom,TV-18, Bharti Airtel, GTL Infra, India Cement, MTNL, JP Hydro & Ambuja Cement _____________________________________________ 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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