Monday, February 23, 2009

Outlook for 24th February 2009

Daily trend of the market is down.
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: APIL, India Info, Matrix Labs, Shree Cem, WWIL, Amtek Auto, SRF, Maruti, Colpal & Renuka
Weak Futures
This is the list of 10 Weak Futures: EKC, GDL, Aban, ICICI Bank, Orient Bank, Tulip, IOB, Pantaloon, Patel Eng & Wel Guj
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