Thursday, November 12, 2009

Outlook for 13th November 2009

Watch our Analyst (Neera Jain) discuss Nifty and various stocks at CNBC Awaaz on 13th November between 2.30 pm till 3 pm on programme “Vayda Se Fayda
Daily trend of the market is down.
We are waiting for the market to cone in uptrend, so till the market down not come in uptrend on daily charts, it is advisable not to create any long positions in Nifty.
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Percentage above support
Percentage of stocks above support now above 50%, so readers who had created long positions in deliveries on 12th November may go on holding them till the percentage remains above 50%
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Strong Futures
This is list of 10 Strong Futures: McDowell-N, Ashok Ley, Neyveli Lignite, Mphasis, FSL, Renuka, Yes Bank, M&M, India Hotels & Rural Elec.
Weak Futures
This is the list of 10 Weak Futures: EKC, RCom, Idea, Aban Off shore, GMR Infra, Tata Comm, Unitech, Bharti Airtel, GTL Infra, ICSA
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