Monday, November 16, 2009

Outlook for 17th November 2009

Daily trend of the market is down.
We are still waiting for the market to come in uptrend, so till the market down not come in uptrend on daily charts, it is advisable not to create any long positions in Nifty.
___________________________________________________________
Percentage above support
Percentage of stocks above support now above 50%, so readers who had created long positions in deliveries on 12th November may go on holding them till the percentage remains above 50%
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Recltd, Sesa Goa, Ashok Ley, Jindal Saw Steel, McDowell-N, Zeel, Finance Tech, M&M, Renuka & Neyveli Lignite.
Weak Futures
This is the list of 10 Weak Futures: RCom, Tata Comm, GTL Infra, Idea, India Cement, GMR Infra, Bharti Airtel, EKC, Sterling Biotech & Unitech
_________________________________________________________________

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: