Wednesday, February 17, 2010

Outlook for 18th February 2010

Daily trend of the market is up
As the trend of the market is still up, so the readers who had gone long in Nifty on 17th Februay, may hold their longs till the trend remains in uptrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support are below 50%, so it is advisable that the readers do not create fresh long positions in cash market till percentage of stocks above support remains less then 50%.
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Titan, Jindal Saw, Bhushan Steel, Siemens, Bajaj Auto, McDowell-N, GTL Infra, Mphasis, Lupin & Cummins India.
Weak Futures
This is the list of 10 Weak Futures: Bharti Airtel, Recltd, DLF, ICSA, Bajaj Hind, Suzlon, IOB, EKC, Tata Comm & TTML.
_________________________________________________________________

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: