Monday, June 22, 2009

Outlook for 23rd June 2009

Watch our Analyst (Neera Jain) discuss various stocks at NDTV Profit on 23rd June between 11.30 am till 12.15 pm on programme Buy/Sell
Daily trend of the market is down.
The trend of the market is in downtrend so is it recommended that no long positions in Nifty be created till the market does not come in uptrend
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Percentage above support
Percentage of stocks above support is barely 50% so it is recommended that the long term investors do not create any fresh positions in deliveries and stay away till the percentage above support down not come above 50%..
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Strong Futures
This is list of 10 Strong Futures: Bajaj Hind, M Phasis, Tech M, Indus Ind Bank, Central Bank, Voltas, IDBI, MRPL, Patni & Aurobindo Pharma.
Weak Futures
This is the list of 10 Weak Futures: Sterlin Bio, RPL, India Info, H Dil, Orchid Chem, Jet Airways, TCS, BRFL, Reliance & NTDV
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