Monday, December 29, 2008

Outlook for 30th December 2008

Daily trend of the market is Up.
Our Indian market is moving in a sideways consolidation zone.
World markets are showing some strength due to fall in Dollar Index. ______________________________________________
Percentage above support
Percentage above support came above 50% on 15th December but on 26th December it has again come below 50%. We recommend not to invest fresh in the market till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Matrix labs, Bajaj Hind, Aptech training, Jet Airways, Patel Eng., Cairin, Suzlon, GMR Infra, Grasim & Oswal Chem
Weak Futures
This is the list of 10 Weak Futures: Satyam, Bhushan Steel, Rolta, GT Offshore, Jindal Saw, TVS Motors, M&M, Redington, HCL Tech & Hotel Leela
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