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Stock Market Tips Trend For Tomorrow 12 August 2011

Discussion in 'Trading Strategies & Systems' started by swati83, Aug 11, 2011.

  1. swati83

    swati83 New Member

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    Courtesy :- Stock Market Trend

    Indian Stock Market Tips Trend 12 August 2011 :-*Daily trend of the market is down* Market has remained sideways the whole day and it seems that is may consolidate at current levels before moving either way. But as over all trend of the market is down since 28th July, the readers may stay away from the market and do not create long positions till the trend remains down.* Percentage of stocks above support is still below 50%, so it is advisable not to create long positions will the percentage above support remains below 50%* Strong Futures*Stocks This is list of 10 Strong Futures: Chambal Fert, Bata India, Idea, TVS Motor, Hexaware, Maruti, M&M, Petronet, Oil & BPCL .* Weak Futures* Stocks This is the list of 10 Weak Futures: KS Oils, Sterling Bio, OnMobile, Escorts, Crompton Greave, IVRCL Infra, FSL, Jindal SWHL, HDIL & Educomp.*
    .*

    Source :- http://freecashmarkettips.blogspot.com/
     
  2. Jhon Kumar

    Jhon Kumar New Member

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    A trend have simple meaning as prices are moving higher and lower over a period of time. When prices move to higher this is known as uptrend and when moving to lower this is known as downtrend. The reasoning behind following the trend is that prices are more likely to continue in that same direction than reverse.
     
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