Wednesday, February 18, 2009

Outlook for 19th February 2009

Daily trend of the market is down.
The market is moving in a sideways zone. But as the market is in downtrend so it is recommended that till the trend remains in downtrend no buying positions should be created.
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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%
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Strong Futures
This is list of 10 Strong Futures: Renuka, Edu Comp, APIL, India Info, SRF, ACC, Amtek Auto, Colpal, Maruti & BPCL
Weak Futures
This is the list of 10 Weak Futures: GDL, EKC, Aban, Orient Bank, Mah Life, Patel Eng, Gitanjali, Network 18, PunjLloyd & Indian Bank
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