Thursday, January 15, 2009

Outlook for 16th January 2009

Daily trend of the market is Down.
One bank after the other is portraying bad picture and the macro economics is getting from bad to worse. All this is resulting in fall of the Indian Market.
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Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Balram Chin, Maruti, M&M, LIC, Nucleus, Dabur, Tata Tea, Infosys Tech, Grasim & Can Bk.
Weak Futures
This is the list of 10 Weak Futures: Rolta, TVS Motor, Strtech, Sasken, BRFL, Siemens, Punj Llyod, Pantaloon, Ansal Infra & DLF.
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