Daily Newsletter from crnindia.com |
Posted: 23 Jun 2009 05:40 AM PDT Daily trend of the market is down. The market has touched a good support today but trend is still downt so is it recommended that no long positions in Nifty be created till the market does not come in uptrend ______________________________________________ Percentage above support Percentage of stocks above support is barely 50% so it is recommended that the long term investors do not create any fresh positions in deliveries and stay away till the percentage above support down not come above 50%.. __________________________________________________________________ Strong Futures This is list of 10 Strong Futures: Indus Ind Bank, GDL, Tech M, M Phasis, Central Bank, Gt Off Shore, IDBI, LIC Housing Finance, Yes Bank & Corporation Bank. Weak Futures This is the list of 10 Weak Futures: Sterlin Bio, Ge Ship, DLF, H Dil, Jet Airways, Orchid Chem, TCS, Bhushan Steel, CESC & Aptech T. _____________________________________________ 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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