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Daily Newsletter from crnindia.com

Daily Newsletter from crnindia.com

Outlook for 19th November 2009

Posted: 18 Nov 2009 04:55 AM PST

Watch our Analyst (Neera Jain) discuss various stocks at CNBC Awaaz on 19th November between 11 am till 12.30 pm on programme "Sauda Aapka
Daily trend of the market is down.
Today also Nifty is was unable to close above the resistance of 5050 level. Hence we are still waiting for the market to come in uptrend, so till the market does not come in uptrend on daily charts, it is advisable not to create any long positions in Nifty.
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Percentage above support
Percentage of stocks above support now above 50%, so readers who had created long positions in deliveries on 12th November may go on holding them till the percentage remains above 50%
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Strong Futures
This is list of 10 Strong Futures: Jindal Saw Steel, Sesa Goa, Renuka , MLL, IDFC, Ashok Ley, McDowell-N, Hind Zinc, Recltd & Neyveli Lignite.
Weak Futures
This is the list of 10 Weak Futures: TV-18, ICSA, Punj Lloyd, Sterling Biotech, TTML, Bharti Airtel, Idea, GMR Infra, India Cement & Tata Comm
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