Sunday, November 07, 2010

Outlook for 8th November 2010

Daily trend of the market is Up
The Market has broken its resistance level and has come in uptrend, so the readers may now create long positions in Nifty and hold them it remain in uptrend.
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Percentage above support
Percentage of stocks above support is above 50%, and as market has also come in uptrend so the readers may create fresh longs position in cash market and hold them till the percentage above support remains above 50% . ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Dish TV, IDBI, Chambal Fert, Dena Bank, GE Ship, ICSA, Nagar Fert, Auro Pharma, Canara Bank & Titan.
Weak Futures
This is the list of 10 Weak Futures: Finan Tech, BRFL, Sail, Educomp, Pir Health, Idea, LITL, NTPC, Hind Petro & Dabur.
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