Thursday, January 14, 2010

Outlook for 15th January 2010

Daily trend of the market is Up
Market has resumed its upward momentum so as the trend is still up, the readers who have created long positions in Nifty (bought on 30th December) may go on holding the longs till the trend remains in uptrend
___________________________________________________________
Percentage above support
Percentage of stocks above support are still above 50%, so the readers who have created long positions in deliveries may go on holding them till percentage of stocks above support remains more then 50%.
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: GTL Infra, Bhushan Steel, Sterling Biotech, JSW Steel, MLL, Siemens, Recltd, Aban Off shore, KS Oils & Grasim.
Weak Futures
This is the list of 10 Weak Futures: Maruti, HDFC, Hind Uni Lvr, State Bank Of India, Hero Honda, ICICI Bank, Reliance, Glaxo, GT Offshore & Syndicate Bank.
_________________________________________________________________

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: