Monday, November 29, 2010

Outlook for 30th November 2010

Daily trend of the market is down
As expected market is taking some counter rally but as overall trend is still down, 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 may still 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: Lupin, Indus Ind Bank, Chambal Fert, Dr Reddy, GE Shipping, Dish TV, Hero Honda, TCS, Bharti Artl & TVS Motors.
Weak Futures
This is the list of 10 Weak Futures: Corp, Hind Const, LIC Housing, HDIL, India Info, Ibrealest, Unitech, RCOM, Finan Tech & DCHL
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