Thursday, April 08, 2010

Outlook for 8th April 2010

Daily trend of the market is up
Market is taking correction but as the long term trend of the market is still up, so the readers who had created long positions in Nifty on 17th February, may hold them till the trend remains in uptrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is above 50%, so the readers who have created long positions in cash stocks may hold them till percentage of stocks above support remains more than 50%.
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Allahabad Bank, Sintex, Andhra Bank, Sesa Goa, Concor, Pir Health, Ansal Infra, Nagarjuna Const, Purva & Aditya Birla.
Weak Futures
This is the list of 10 Weak Futures: Balrampur Chini, Bajaj Hind, BEL, Tech Mahindra, HCL Tech, Hind Uni Lvr, Hind Petro, BPCL, Tulip & KS Oils..
_________________________________________________________________

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: