Tuesday, July 21, 2009

Outlook for 22nd July 2009

Daily trend of the market is up.
Market remained sideways the whole day, it seems that we may observe some correction. But as market is still in uptrend, the readers who are long in Nifty bought on 16th July may go on holding them till the trend does not turn to down.
______________________________________________
Percentage above support
Percentage of stocks above support is more than 50% so the long term investors who have created positions in deliveries may hold them till the percentage support remains more than 50%

__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: HCL Tech, sesa Goa, Wipro, DCHL, Grasim, Tech Mahindra, Maruti, Punj Lloys, Voltas & MPHASIS
Weak Futures
This is the list of 10 Weak Futures: Suzlon, Orchid Chem, pantaloon, Moser Bear, Bargarjuna Fert, Sintex, Chambal Fert, RCom, GTL Infra, Sterlin Bio
_____________________________________________
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: