Monday, January 19, 2009

Outlook for 20th January 2008

The US market are closed today and tomorrow Mr Obama is going to take the oath. So we will have to wait to see how the US markets react after that.
All the other world markets are taking a rally
Indian Market is also trying to take a counterrally but over all trend of the market is still down.

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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: Jet Airways,Balram Chin,Neyveli,Triveni,Hind Petro,Nucleus,Renuka,Ambuja Cem,BEL & Can Bk.
Weak Futures
This is the list of 10 Weak Futures: Punj Llyod,Star,BRFL,Ivrcl Infra,Mah Life,IVR Prime,Siemens,KPIT,Rel Capital & Gitanjali.
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