Daily trend of the market is down.
After the news that US Markets are in recession since December 2007, US markets fell sharply the previous day. Along with that the other world markets came down but today Europe recovered. If US Markets along with world markets are able to go up from here then they would be discounting the bad news and would be considered positive.
_______________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 12%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Dr.Reddy, Andhra Bank, Glaxo, Hind. Petro, Tata Teleserv, Sun TV Ltd., NTPC, MPHASIS & CESC
Weak Futures
This is the list of 10 Weak Futures: Jet Airways, Tulip, United Phosph, BRFL, Havells, Bhushan Steel, Suzlon, Ansal Prop & Infra, Purava & Unitech.
_____________________________________________
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.
__________________________________________________________________
No comments:
Post a Comment