Sunday, November 30, 2008

Outlook for 1st December 2008

Daily trend of the market is down.
The market is still in downtrend and we will have to wait for it to come in uptrend before creating any buying positions
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Percentage above support
Percentage above support is still below 50% (today it is 18%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Andhra Bank, BPCL, Sterlin Bio, IOC, TTML, Kesoram Ind, Hind Perto, TCS, Glaxo & Hero Honda
Weak Futures
This is the list of 10 Weak Futures: Wel Guj, Tulip, IVR Prime, Jetairways, Suzlon, Bhushan Steel, United Phos, Havells, Ansal Infra, Purva & Unitech.
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