Thursday, January 26, 2012

Outlook for 27th January 2012

u>Daily trend of the market is up
Market has now reached its first resistance from where a correction can be expected. But till the trend remains up, the readers who had created long positions in Nifty on 10th Jan, may go on holding them.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who are holding long positions in cash market may hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Orbit, IVRCL, NCC, Orbit Corp, Suzlon, Rel Infra, Ibrealest, GMR Infra, HDIL, JP Associate & ABB
Weak Futures
This is the list of 10 Weak Futures: Videocon Ind, Dabur, Tulip, Gail, Gitanjali, Biocon, IGL, TCS, BRFL & BEL.
_________________________________________________________________

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: