Tuesday, November 11, 2008

Outoook for 12th November 2008

Daily trend of the market is down.
Market could not close above our buying level and fell down sharply from the resistance. Till Nifty does not close above 3200, we do not wish to buy
_______________________________________________
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.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Hind Zinc, LITL, Union Bk, GTL, Can Bk, Indian Bk, Hinduja Ven, Bhushan Stl, APIL & GMR Infra.
Weak Futures
This is the list of 10 Weak Futures: NDTV, Unitech, Tisco, Mah Life, Suzlon, Amtek Auto, Telco, Uni Phos, J Stainless & Purva
_____________________________________________
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: