Tuesday, February 10, 2009

Outlook for 11th February 2009

Daily trend of the market is Up.
As the trend of the market is still up, so it is assumed that the readers may be long in Nifty and deliveries.
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Percentage above support
Percentage of stocks above support is now above 50% .So one can go long in deliveries and hold till the the percentage above support remains above 50%
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Strong Futures
This is list of 10 Strong Futures : WWIL, Sesa Goa, GE Ship, Jindal Steel, BEML, Grasim, Polaris, BEL, Reliance & Praj Ind
Weak Futures
This is the list of 10 Weak Futures: Aban, DLF, GDL, HDIL, Wel Guj, Network 18, Pantaloon, Punj Lloyd, Bajaj Hind & KPIT
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