Thursday, June 24, 2010

Outlook for 25th June 2010

Daily trend of the market is up
The market is taking the much needed correction but as the trend is still up, the readers who had created long positions in Nifty on 15th June may go on holding the longs till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: BRFL, Dish TV, RCOM, Orchid Chem, IOB, Asian Paint, RNRL, Sun Pharma, GTL Infra & Voltas.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Mphasis, Petronet, HCL Tech, DCHL, Chennai Petro, Bank of Baroda, PTC, Tulip & NTPC.
_________________________________________________________________

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: