Sunday, January 24, 2010

Outlook for 25th January 2010

Daily trend of the market is down
As the trend of the market is down, so the readers may stay away from the market and no not create long positions till the trend remains in downtrend.
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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%.
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Strong Futures
This is list of 10 Strong Futures: GTL Infra, Tech Mahindra, Triveni, Federal Bank, Indusind Bank, DCB, Brfl, Idea, Dish TV & Sun TV.
Weak Futures
This is the list of 10 Weak Futures: Punj Lloyd, Orchid Chem, Ivrcl Infra, Suzlon, Ranbaxy, GT Offshore, HCC, Hind Petro, Balrampur Chini & HDFC.
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