Tuesday, June 09, 2009

Outlook for 10th June 2009

Watch our Analyst (Neera Jain) discuss various stocks at NDTV Profit on 10th June between 11.30 am till 12.15 pm on programme Buy/Sell
Daily trend of the market is up.
The marker has taken a very good support at 4390 and restarted the rally. So the readers who are long in Nifty since 20th March, may go on holding their longs till the trend remains in uptrend.
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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%.Part profit booking is recommended as market has become heavily overbought now.
As per the Delivery sms service our registered members have made a good profit since march 20th March till date.Check the performance till May here .
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Strong Futures
This is list of 10 Strong Futures: Tech M, JP Hydro, Voltas, Bajaj Hind, MRPL, Sobha, Aban, Om Axe, Wel Guj & BEML.
Weak Futures
This is the list of 10 Weak Futures: Hind Petro, Dabur, NTPC, Star, Cipla, Bharti Airtel, Canra Bank, PNB, ITC & Sterlin Bio.
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