Wednesday, November 19, 2008

Outlook for 20th November 2008

Daily trend of the market is down.
Overall trend of world markets still remains down and so are the Indian markets. We still wait for buy signals to come, till then no buying.

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Percentage above support
Percentage above support is still below 50% (today it is 6%) 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: TTML, Hindo Petro, GTL, Sterling Bio, MTNL, Glaxo, IOC, Colpal, Hind Zinc & Rolta.
Weak Futures
This is the list of 10 Weak Furuewa: Gitanjali, Indian Info, Ansal Infra, Sail, Rel. Capital, Unitech, suzlon, Matrix Labs, Purva & Amtek auto
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