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Posted: 17 Jun 2009 06:58 AM PDT Daily trend of the market is down. Today the trend of the market has turned to downtrend so the the readers who are long in Nifty bought at approx.2800 since 20th March, may now quit their longs. Till the market does not come in uptrend, no buying is recommended in Nifty ______________________________________________ Percentage above support Percentage of stocks above support is above 50%. Long term investors who bought deliveries on 20th March may go on holding the deliveries till the percentage above support remains above 50%.. __________________________________________________________________ Strong Futures This is list of 10 Strong Futures: Tech Mahindra, Bajaj Hind, Indus Ind Bk., JP Hydro, Auro Pharma, Jindal Steel, RNRL, JSW Steel, LIC Hous. Fin & ABB. Weak Futures This is the list of 10 Weak Futures: TCS, Jet Airways, Sterling Bio, India Info, G E Ship, DLF, RPL, GMR Infra, Ind Hotel & HDIL _____________________________________________ 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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