Tuesday, January 20, 2009

Outlook for 21st January 2009

Daily trend of the market is Down.
Today Mr Obama will be taking the oath. So let us see if any Obama magic can change the direction of the market.
Overall trend of the Indian 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: Neyveli, Balram Chini, Polaris, Power Grid, HPCL, BEML, BEL, Ultra Cem, JP Hydro & BPCL..
Weak Futures
This is the list of 10 Weak Futures: Rolta, Pantaloon, DLF, TVS Motor, Siemens, Punj Llyod, Star, BRFL, IVRCL Infra & Unitech.
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