Thursday, November 26, 2009

Outlook for 27th November 2009

Daily trend of the market is Up.
Today the market fell due to heavy clearing pressure but the trend of the market is still up. So the readers who bought Nifty on 26th November may go on holding the longs till market is in uptrend
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Percentage above support
Percentage of stocks above support is still 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: Hind Zinc, Jindal Steel, Sesa Goa, Jindal Saw Steel, Gail, PFC, McDowell-N, BPCL, Dena Bank & Orchid Chem
Weak Futures
This is the list of 10 Weak Futures: RCom, Unitech, Purva, Rel Infra, HDIL, DLF, Bharti Airtel, TTML, RNRL & EKC
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