Thursday, November 25, 2010

Outlook for 26th November 2010

Market is very volatile but now as the clearing is over, we expect it to settle down. Overall trend is still now, so the readers may stay out of the market and do not create nay longs positions till 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: TVS Motor, S Kumars, Dish TV, Lupin, Crompton Greave, GE Shipping, Hero Honda, M&M, Bajaj Auto & Bata India.
Weak Futures
This is the list of 10 Weak Futures: Orbit Corp, HDIL, Unitech, LIC Housing, India Info, Jindal SWHL, RCOM, Ibrealest, Hind Const & OnMobile:.
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