Wednesday, January 21, 2009

Outlook for 22nd January 2009

Daily trend of the market is Down.
The rise of Dollar index could have been one of the reason for the bearish of the markets world wide.
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 Lig., Polaris, Balram Chini, HPCL, Ultra Cemco, BEL, BEML, GMR Infra, AL BK & BPCL.
Weak Futures
This is the list of 10 Weak Futures: Edu Comp, Roltas, Divi's Lab, Punj Llyod, DLF, Siemens, TVS Motors, Pantaloon, Rel Capital & Nagar Const
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