Daily Newsletter from crnindia.com |
| Posted: 24 Jun 2009 06:31 AM PDT Daily trend of the market is down. The market has moved up after touching its support but as the trend is still down 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, LIC Housing Finance, GDL, Tech M, IDBI, Edu Comp, Central bank, Aurobindo Ph, Gt Off Shore & Mphasis. Weak Futures This is the list of 10 Weak Futures: Amtek Auto, CESC, Ge Ship, Nation Alum, Hdil, Sterlin Bio, Bharat Forge, Orchid Chem, Jet Airways & TCS. _____________________________________________ 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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