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Posted: 14 Oct 2009 06:12 AM PDT Daily trend of the market is up. Though market is overbought and has a resistance at 5100- 5150 but it seems that the festive sentiment may take the market further up. So as the daily trend is still up, the readers who are holding their longs in Nifty (bought on 25th August) may go on holding the long positions till the trend remains in uptrend. _____________________________________________ Percentage above support Percentage of stocks above support is above 50% , so the readers who have invested in deliveries may go on holding them till the percentage of stocks above support remains more than 50%. __________________________________________________________________ Strong Futures This is list of 10 Strong Futures: DCHL, Sesa Goa, PTC, Nagarjuna Const, Dena Bank, HCC, Indian Bank, LITL, IOB & Canara Bank. Weak Futures This is the list of 10 Weak Futures: RCom, Idea, Bharti Airtel, MTNL, Grasim, Suzlon, TTML, Ambuja Cement, India Cement & Lupin _____________________________________________ 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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