Sunday, January 30, 2011

Outlook for 31th January 2011

Daily trend of the market is down
Market is continuing its fall, but from here it is expected that some counter rally may come. But as overall trend is down, the readers may stay out of the market and do not create any long positions till the trend remains down.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so the readers may still stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: BRFL, TV 18, HCL Tech, OFSS, TCS, Jindal Saw, National Alum, Idea, Ispat Ind & Sesa Goa.
Weak Futures
This is the list of 10 Weak Futures: IVRCL Infra, Jindal SWHL, STR Tech, HDIL, Bajaj Hind, TVS Motor, Rel Media, DLF, LITL & Apollo Tyre.
_________________________________________________________________

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: