Monday, November 30, 2009

Outlook for 1st December 2009

Daily trend of the market is up.
Market is very volatile, one day it is falling down sharpely and other day it is moving up, these movements show that some big movement is ready either way. But as it is still in uptrend so the readers who are holding their longs in Nifty (bought on 26th November) may go on holding till the trend of nifty is in uptrend.
___________________________________________________________
Percentage above support
today again percentage of stocks above support has come above above 50%, but as market is volatile so it is better not to invest fresh in deliveries and remain away from the market till some more clarity comes in the market
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Hind Zinc, Jindal Saw, Orchid Chem, McDowell-N, BPCL, BEL, Ranbaxy, Recltd, GSPL & Tata Motors
Weak Futures
This is the list of 10 Weak Futures: Punj Lloyd, EKC, DLF, Unitech, Purva, RNRL, Rel Infra, ICSA, RCom & Aban Off shore
_________________________________________________________________

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: