Thursday, February 05, 2009

Outlook for 6th February 2009

Daily trend of the market is Up.
Even though the Indian Market is up but the downtrend of the US markets are putting a a negative pressure and pulling the Indian Market 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: WWIL, Polaris, Jindal steel, Balram Chini, Dena Bank, Grasim, BEL, ACC, HCL Tech & Renuka
Weak Futures
This is the list of 10 Weak Futures: DLF, Edu Comp, Aban, HDIL, Wel Guj, Punj Lloyd, Divis Lab, GDL, Gitanjali & Pantaloon
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