Daily Newsletter from crnindia.com

Daily Newsletter from crnindia.com

Outlook for 12th November 2009

Posted: 11 Nov 2009 04:20 AM PST

Daily trend of the market is down.
Weakening of Dollar index is taking the stock market up. But the readers may wait for the market t come in uptrend before creating long positions in Nifty _____________________________________________
Percentage above support
Percentage of stocks above support now above 50%, so readers may create long positions in deliveries and hold them till the percentage remains above 50%
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Strong Futures
This is list of 10 Strong Futures: Ashok Ashok Ley, Yes Bank, Neyveli Lignite, Sesa Goa, Mphasis, Dr Reddy, India Hotels, M&M, Crompton Greaves & Lic house
Weak Futures
This is the list of 10 Weak Futures: RCom, Adlabs Film, EKC, Tata Comm, Idea, Suzlon, Aban Off shore, GMR Infra, TTML & Bharti Airtel
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