Sunday, April 12, 2009

Outlook for 13th April 2009

Daily trend of the market is up.
The rally is still going on, though the markets need to consolidate at current levels.
But as the trend of the market is up, so it is recommended that the readers who are long in Nifty since 20th March, may go on holding their longs
______________________________________________
Percentage above support
Percentage of stocks above support is above 50%. Long term investors who bought deliveries on 20th March may go on holding the deliveries till the percentage above support remains above 50%
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Essar Oil, JSW Steel, Gitanjali, Mah Life, JP Hydro, HDIL, JP Associates, Ind Hotels, Purva & Aptech Train
Weak Futures
This is the list of 10 Weak Futures: Sterling Bio, Glaxo, Hind Unilvr, Hind Petro, Colpal, PFC, Wock Pharma, Divi's Lab, Lupin & Dabur
_____________________________________________
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: