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Outlook for 15th December 2009 Posted: 14 Dec 2009 04:22 AM PST Daily trend of the market is up. Market is taking strong resistance at current levels and is still unable to cross it . So the uncertainty is still continuing. But as nifty is still in uptrend so the readers who are holding their longs in Nifty (bought on 26th November) may go on holding till the trend of nifty is in uptrend. ___________________________________________________________ Percentage above support today again percentage of stocks above support has come above above 50%, but as market is volatile so it is better not to invest fresh in deliveries and remain away from the market till some more clarity comes in the market ________________________________________________________________ __ Strong Futures This is list of 10 Strong Futures: Ranbaxy, Bajaj Auto, Orchid Chem, Hotel Leela, ACC, Chambal Fert, Idea, Sail Ltd, India Cement & Ambuja Cement. Weak Futures This is the list of 10 Weak Futures: Orient Bank, Tata Comm, Ivrcl Infra, Renuka, Lic house, IOB, Aban Off shore, Allahabad Bank, Andhra Bank & RNRL. _________________________________________________________________ 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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