Daily Newsletter from crnindia.com |
| Posted: 06 Jan 2010 04:18 AM PST Daily trend of the market is Up Even though the market has become overbought now and some correction is needed, but as the trend is still up, the readers who have created long positions in Nifty (bought on 30th December) may go on holding the longs till the trend remains in uptrend ___________________________________________________________ Percentage above support Percentage of stocks above support are still above 50%, so the readers ho have created long positions in deliveries may go on holding them till percentage of stocks above support remains more then 50%. ________________________________________________________________ __ Strong Futures This is list of 10 Strong Futures: National Alum, JSW Steel, Pantaloon Retail, Hindalco, Finance Tech, Sintex, Grasim, Sail Ltd, Chambal Fert & Hotel Leela. Weak Futures This is the list of 10 Weak Futures: Reliance, GT Offshore, Pir Health, Hind Uni Lvr, Orchid Chem, HDFC Bank, Lic house, RPL, Hero Honda & GVKPIL. _________________________________________________________________ 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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