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Outlook for 23rd December 2009 Posted: 22 Dec 2009 05:03 AM PST Daily trend of the market is down Today market remained sideways traded in a very small zone. Though a counterrally is expected but as the market is still in downtrend so it is advisable that the readers who have quit their long positions in nifty on 16th December may now stay out of the market and do not buy till nifty remains in downtrend ___________________________________________________________ Percentage above support Percentage of stocks above support are still 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: Sail Ltd, Ranbaxy, Dr Reddy, Suzlon, Opto Circuits, Idea, Tata Motors, Gtl Ltd, Divi'S Lab & HCL Tech. Weak Futures This is the list of 10 Weak Futures: Great Offshore, Andhra Bank, Ashok Ley, FSL, IDFC, Unitech, JP Associates, Tata Comm, Lic house & Educomp _________________________________________________________________ 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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