Tuesday, February 02, 2010

Outlook for 3rd February 2010

Watch our Analyst (Neera Jain) discuss Nifty and other stocks at CNBC Awaaz on 3rd February between 1.30 pm till 2 pm on programme “Vayda Se Fayda
Daily trend of the market is down
As the trend of the market is still 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 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%.
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Strong Futures
This is list of 10 Strong Futures: Titan, Triveni, Lupin, BOB, Cummins Ind., Indusind Bk, Chambal Fert, Suntv, Siemens & GTL Infra.
Weak Futures
This is the list of 10 Weak Futures: IOB, Praj Ind, Orchid Chem, EKC, India Info, ICSA, Aban, Sterlite Inds, LITL & LT.
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