Sunday, November 14, 2010

Outlook for 15th November 2010

Daily trend of the market is down
Market has broken its support and has come in downtrend,so the readers who were holding longs in Nifty may now quit the longs and stay out of the market till it remains in downtrend.
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Percentage above support
Percentage of stocks above support is now below 50%, so the readers who are holding longs in cash market may quit the longs and stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Alok Ind, RPower, ABG Shipping, ICSA, S Kumars, Chambal Fert, Titan, Canara Bank, Nagar Fert & GE Ship.
Weak Futures
This is the list of 10 Weak Futures: Apollo Tyre, On Mobile, Jindal SWHL, Educomp, Sobha, IVRCL Infra, DLF, Unitech, Bharti Artl & Mcdowell-N.
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