Thursday, February 04, 2010

Outlook for 5th February 2010

Daily trend of the market is down
As the trend of the market is still down so it is advisable that the readers may stay away from the market and do not create long positions.
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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, Indusind Bank, Cummins Ind, Sun TV, Lupin, Assian Paint, Dabur, BOB & Auro Pharma.
Weak Futures
This is the list of 10 Weak Futures: Orchid Chem,GMR Infra, IOB, LITL, Renuka, India Info, KFA, Ranbaxy, ICSA & Praj Ind.
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