Wednesday, November 17, 2010

Outlook for 18th November 2010

Daily trend of the market is down
After taking the small counterrall,y market has again started going down. And as the trend of the market is down, so the readers may stay out of the market and do not create nay longs positions will it remains in downtrend.
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Percentage above support
Percentage of stocks above support is still below 50%, so the readers who has quit the ire longs positions in cash market may 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: Syndicate Bank, Alok Ind, ABG Shipping, Lupin, Bata India, Uco Bank, Rolta, Canara Bank, Dish TV & Sun Pharma.
Weak Futures
This is the list of 10 Weak Futures: Unitech, Orbit Corp, Jindal SWHL, OnMobile, Ispat Ind, IVRCL Infra, FSL, DLF, Polaris & Apollo Tyre.
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