Sunday, December 05, 2010

Outlook for 6th December 2010

Daily trend of the market is down
The market is trading at its resistance, which if broken then market can come in uptrend. But till the trend is down, the readers may stay out of the market and wait for it to come in uptrend before creating longs position.
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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: Dish TV, Tata Motors, Cipla, Dr Reddy, HCL Tech, TCS, Bharat Forg, Auro Pharma, Lupin & Bharti Artl.
Weak Futures
This is the list of 10 Weak Futures: KS Oils, India Info, HCC, LIC Housing, Rel Infra, EKC, DCHL, JP Associat, SCI & FSL
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