Wednesday, August 12, 2009

Outlook for 13th August 2009

Daily trend of the market is sideways.
The market has taken a support at 4350 – 4400 levels and is going up. But tt is advisable that the readers do not create fresh long positions in Nifty and wait for more clarity to come in the market
______________________________________________
Percentage above support
Percentage of stocks above support is marginally above 50% but it is advisable that the long term investors do not invest in deliveries
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Tata Motors, Patni, Bharat Forge, Aban Offshore, Shree Renuka, Jindal Saw, Aurobindo Pharma, Cummins India, Mphasis & GT Offshore
Weak Futures
This is the list of 10 Weak Futures: Chambal Fert, MLL, Divi'S Lab, Suzlon, Colpal, Nagarjun Fertil, IOB, Federal Bank, Union Bank Of India & HeroHonda.
_____________________________________________
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: