Thursday, January 22, 2009

Outlook for 23rd January 2009

Daily trend of the market is Down.
Overall trend of the Indian Market is still down. So till the trend is down we would recommend the readers to stay away from the market and no long positions be created.
____________________________________________
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: Naukri, Neyveli, Nation Alum, Polaris, Ultra Cem, Balram Chin, GMR Infra, HPCL & BEL.
Weak Futures
This is the list of 10 Weak Futures: J Stainless, DLF, Aban, Punj Lloyd, IVRCL Infra, Roltas, Zee, Nagar Const, BRFL & TVS Motors
_____________________________________________
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: