Daily Newsletter from crnindia.com |
| Posted: 18 Jan 2010 05:55 AM PST Daily trend of the market is Up Market has now become overbought and needs some correction but as the trend is still up, the readers who have created long positions in Nifty (bought on 30th December) may go on holding the longs till the trend remains in uptrend ___________________________________________________________ Percentage above support Percentage of stocks above support are still above 50%, so the readers who have created long positions in deliveries may go on holding them till percentage of stocks above support remains more then 50%. ________________________________________________________________ __ Strong Futures This is list of 10 Strong Futures: Purva, GTL Infra, Finance Tech, MTNL, UCO Bank, SCI, BEML, DCB, Dish TV & Pantaloon Retail. Weak Futures This is the list of 10 Weak Futures: Jindal Steel, LITL, Reliance, Maruti, Balrampur Chini, Hind Uni Lvr, State Bank Of India, Glaxo, HDFC & McDowell-N. _________________________________________________________________ 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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